# Takween Advanced Industries

- Headquarters: Saudi Arabia
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)


## Customers, suppliers and deals

- [JOFO Nonwoven](https://endata.com/companies/55947.md): acquired by, 1×, latest 2021-06-21

## Announcements (5)

- 2021-07-08: [Jofo Nonwovens completes purchase of majority stake in SAAF](https://endata.com/announcements/59720-jofo-nonwovens-completes-purchase-of-majority-stake-in-saaf) (Acquisition · Saudi Arabia)
- 2021-06-21: [JOFO Nonwoven to acquire 70% of Takween's subsidiary Advanced Fabrics](https://endata.com/announcements/59172-jofo-nonwoven-to-acquire-70-of-takween-s-subsidiary-advanced-fabrics) (Acquisition · Saudi Arabia · $90.0M)
- 2020-12-17: [Jofo Nonwovens to acquire Advanced Fabrics (SAAF) in Saudi Arabia](https://endata.com/announcements/54211-jofo-nonwovens-to-acquire-advanced-fabrics-saaf-in-saudi-arabia) (Acquisition · Saudi Arabia, Saudi Arabia)
- 2020-06-10: [Jofo Nonwovens to buy 70% stake in SAAF from Takween Advanced Industries](https://endata.com/announcements/49186-jofo-nonwovens-to-buy-70-stake-in-saaf-from-takween-advanced-industries) (Acquisition · Saudi Arabia, Saudi Arabia · $82.0M)
- 2020-06-09: [Takween signs MoU to sell 70% stake in Advanced Fabrics Factory to Jofo Nonwovens](https://endata.com/announcements/49140-takween-signs-mou-to-sell-70-stake-in-advanced-fabrics-factory-to-jofo-nonwovens) (Acquisition · Saudi Arabia · $57.4M)

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.