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People & Business :: M&A
DuPont sells nonwovens business to Swiss company
10:44 AM MDT | June 17, 2014 | Lindsay Frost
DuPont’s protection technologies segment announced today that Jacob Holm & Sønner Holding (Jacob Holm; Basel, Switzerland), a manufacturer of spunlaced nonwoven fabrics, will acquire DuPont’s Sontara-brand global nonwovens business. A definitive agreement was signed today. The business produces products used in a variety of medical and wipes applications. Financial terms of the agreement have not been disclosed. “The combination of Jacob Holm and Sontara complements two strong players and creates a new industry-innovation leader for...
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