Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
November/December 2015 November/December 2015

View Issue  |

Subscribe Now  |


Vietnam Fashion, Fabric & Garment Machinery Expo
11/25/2015 - 11/27/2015

From Farm To Fabric: The Many Faces Of Cotton - The 74th Plenary Meeting of the International Cotton Advisory Committee (ICAC)
12/06/2015 - 12/11/2015

Capstone Course On Nonwoven Product Development
12/07/2015 - 12/11/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Nonwovens / Technical Textiles

BBA Acquires Tecnofibra

London-based BBA Group PLC recently announced its pending acquisition of Italy-based Tecnofibra S.p.A., a privately held nonwovens manufacturer. According to BBA, the company has agreed to an acquisition price of 31.8 million euros on a debt-free, cash-free basis. Completion of the transaction is expected by the end of the year.Tecnofibra develops, produces, markets and distributes spunlaced, thermobonded and needlepunched nonwoven material for the European wipes market. For the year ended December 31, 2002, the company generated 43.8 million euros in sales with margins of approximately 10 percent. BBA said the acquisition is part of the companys strategy to increase its presence in higher value-added sectors of the industrial and medical materials markets.

November 2003