WILMOT, NH, October 22, 2020-

Merger and acquisition activity in the universe of nonwovens companies and their major customers mainly focused on efforts to rationalize or enhance existing businesses, in the first three quarters of 2020. A tally of stories published in Nonwovens Markets during that period did show four announced initial public offerings in China plus plans to take two major companies private.

While some industry executives said travel restrictions related to COVID-19 were limiting their ability to do the due diligence needed to close or even explore transactions, there was no way to quantify the impact that might have had on deal activity this year.

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