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PGI Speciality Materials acquires French firm Dounor S.A.S

05 May '15

2 min read

Polymer Group Inc. (PGI), a world leader in speciality materials, has announced that it has completed its acquisition of Dounor S.A.S., a French manufacturer of materials used in hygiene, healthcare and industrial applications.

As a result of the acquisition, PGI will integrate all of Dounor’s technologies and capabilities to help drive the growth of its personal care segment as it delivers innovative solutions for European customers.

As a world leader in specialty materials for infection prevention, personal care and high-performance solutions, PGI is always seeking new ways to strategically grow its business in these critical segments and better serve the needs of its global customers. Acquiring Dounor, which has built a strong business in the personal care segment in Europe, adds critical capabilities to PGI’s offerings while enabling the company to leverage Dounor’s key location to serve customers in the region, the company informs in a statement.

Jean-Marc Galvez, president, PGI EMEA said, “Dounor’s acquisition reinforces our European specialties portfolio and helps us to better serve our Northern European customers, who are critical to our business. Adding Dounor to our already strong EMEA presence provides us with even greater ability to provide our world-leading specialty materials to our customers.”

J. Joel Hackney Jr., CEO, PGI said, “Dounor’s innovation in providing leading personal care products, specifically in the fast-growing adult care category, complements our strong offerings to customers globally. We are very excited to welcome all Dounor employees into the PGI family.”

PGI is a leading global engineered materials company, focused primarily on the production of nonwovens for the hygiene, healthcare, wipes, technical specialities, building, and geosynthetics markets. With 23 locations in 14 countries, an employee base of approximately 4,750 employees and the broadest range of process technologies in the nonwoven’s industry, PGI is a global supplier to leading consumer and industrial product manufacturers. (GK)

Fibre2fashion News Desk - India