Three Acquisitions of a Non Woven Manufacturer
If you’re in the market for a non woven material, there are several companies to consider. Berry Plastics, Ditan Nonwovens, Lydall Inc., and Johns Manville are just a few to check out. Below, we’ll explore a few of their recent expansions.
The transaction is expected to close during the second half of 2021. The combined company will have a global specialty materials platform with an emphasis on battery materials and energy saving technologies. The board of directors of both companies have approved the transaction. It is subject to various regulatory approvals and stockholder approvals. The company expects that the transaction will add a value-added service to the company’s existing product offerings.
Lydall is an American company that designs specialty engineered filtration media and thermal insulating solutions for a variety of industries. The company’s products are distributed through common carriers and through an internal sales force. The company has three reportable segments, and most of its revenues come from North America.
A recent acquisition has brought the combined sales of two non woven manufacturer to $7 billion, making Berry Plastics one of the world’s largest. The merger of Avintiv and Berry Plastics will add $2.1 billion in annual sales, bringing Berry’s total sales to $7 billion a year. Avintiv, formerly PGI Specialty Materials, operates 23 plants in 14 counties. Avintiv sells products made of polypropylene and polyethylene.
The combined company is also expanding its sustainability program. Its new asset, named Spunlace, will incorporate recycled and biodegradable nonwoven substrates to expand its range of sustainable wipes. The company plans to have its new line commercially available by 2022.
Ditan Nonwovens is a company that manufactures non-woven products. Its headquarters is in Bhiwani, Haryana, about 120 km from the National Capital Region. Its manufacturing facility is equipped with modern working sheds and environment, and it adheres to strict quality control standards. The company’s mission is to make the world a better place through innovative filtration solutions.
The company’s non-woven fabric capabilities span the gamut from cotton to carbon fiber to thermoplastics. Its range of products covers a variety of uses, including firefighting, automotive, consumer, and aerospace industries. It also offers custom manufacturing, prototype production, and subcontracting services.
The TWE Group is a global manufacturer of non-woven fabrics. Its products range from staple fibers and needle-punched nonwovens. Its 14 manufacturing facilities are located across the world. It has earned recognition from key partners in the industry. A major global hygiene account recently named TWE a supplier of the year. The award was based on performance, delivery accuracy, and customer service.
The automotive industry is another key market for nonwovens. Increasingly, carmakers are considering environmentally friendly materials and reducing their carbon footprint. In addition, new technologies for automobile coolants are boosting the demand for nonwoven fabrics.