Fibertex Nonwovens makes a strategic acquisition in Brazil

Headquartered in Aalborg, Denmark, Fibertex Nonwovens, a subsidiary of Schouw & Co., acquired all activities in the Brazilian-owned, nonwovens manufacturer DUCI.

“For many years Fibertex Nonwovens has consolidated itself as one of the world’s leading manufacturers of specialized nonwovens,” said Jørgen Bech Madsen, CEO of Fibertex Nonwovens. “Now we have obtained a unique opportunity for establishing ourselves in one of the most important growth markets in the world.”

Fibertex Nonwovens generates annual revenue of about $220 million (2017) and currently has production facilities in Denmark, France, the Czech Republic, Turkey, the United States and South Africa. DUCI was founded in 2001 and generates revenue of $18 million (2017).