Freudenberg acquires auto market-focused Slovenian needlepunch producer Filc
WEINHEIM, Germany and ŠKOFJA LOKA, Slovenia, November 27, 2019-
Freudenberg, the global technology group has signed a final agreement to acquire 100 percent of the shares of Filc. Filc is a producer of needle punch nonwoven textiles and laminated materials with a focus on the automotive and construction industry. Privately-owned Filc is headquartered in Škofja Loka, Slovenia, and operates two more production sites in Mengeš and Lendava, Slovenia, as well as a sales office in Dayton, OH, USA. Filc has roughly 360 employees. The transaction is subject to approval by the antitrust authorities.
“With the acquisition, we would like to further strengthen our performance materials business, and expand our portfolio and technological footprint in Europe,” says Dr. Mohsen Sohi, Freudenberg Group CEO.
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