Perlon Takes Over NOWO Products Sp.z.o.o.
Perlon® – The Filament Company – headquartered in Munderkingen, Germany, which specializes in the manufacture of synthetic filaments for the paper, brush, cosmetics and dental industries, has acquired NOWO Products Sp.z.o.o. in Kluczbork, Poland. NOWO is a leading European producer of twisted monofilaments for the global paper industry. The new acquisition allows Perlon® to expand its market leadership in the paper machine clothing segment and is regarded as a vertically integrated investment Perlon®.
“With the merger of the Perlon® Group and NOWO, we are reinforcing a company that is geared towards the global paper industry of the future and we are expanding our market leadership in this segment. NOWO is a perfect fit for the Perlon® Group with its long-term experience and special knowledge in the production of twisted monofilaments and this complements our existing product portfolio well,” says Florian Kisling, CEO of Perlon®.
With the acquisition, the Perlon® Group will take over NOWO Products with all 40 employees and production lines located at the NOWO factory in Kluczbork, Poland.
For more information on Perlon® – The Filament Company, visit www.perlon.com.