Fiberweb Acquires Coroner Composites
London-based Fiberweb Plc - a manufacturer of high-performance, specialty nonwovens - has purchased
the 50-percent interest of Germany-based Coroner Composites GmbH from its joint venture partner
Germany-based Nordenia International AG for approximately 3.1 million euros. The acquisition is
part of Fiberweb's plan to simplify the group and invest in businesses with potential for
sustainable differentiation and growth prospects.
Coroner Composites manufactures nonwoven fabric and film composites made of used primarily to produce medical drapes. Its plant is located at Fiberweb's facility in Peine, Germany.
March 31, 2009