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Adds three sites, all focused on automotives
June 3, 2015
By: Karen McIntyre
Editor
The TWE Group has added three U.S. plants to its operations through the acquisition of Vita Nonwovens’ U.S. business. The deal includes sites in North Carolina, Texas and Indiana. This business was purchased from a group of former employees by a private equity outfit late last year. The employee team had owned the company since 2012 when former owner British Vita exited the nonwovens business. It was then that the TWE Group began its cooperation with Vita, acquiring the Libeltex business from the British-based company. This deal included sites in Belgium, France and Sweden and expanded TWE’s presence in several markets. According to executives, the main focus of Vita Nonwovens’ U.S. operations is the automotives market and products made in the three locations are used in a number of different areas of the vehicle. These products are made through a proprietary thermal compacting and bonding process, which has been greatly improved upon during the last three years, according to TWE. This has led to double-digit growth in sales during the same period. In addition to the Vita and Libeltex businesses, the TWE Group, which is based in Emsdetten, Germany, has manufacturing sites in Germany and China. Other core markets include hygiene, medicine, automotives, cleaning products, clothing and building materials.
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