PGI/Fiberweb
Transaction details
The proposed acquisition of Fiberweb plc by Polymer Group Inc (PGI) has been cleared by the Competition Authority.
Case details
- Notification date:30 September 2013
- Publication date:30 September 2013
- Economic sector:Manufacturing - C
- Economic sub-sector:Manufacture of textiles - C.13
- Outcome:Cleared
Documents
M.13.028 Merger AnnouncementPDF | 44 KBM.13.028 Merger Announcement PDF | 44 KB - Opens in new window
M.13.028 DeterminationPDF | 109 KBM.13.028 Determination PDF | 109 KB - Opens in new window
Timetable
Parties Involved
Blackstone Group LP
Blackstone is a global alternative asset manager and provider of financial advisory services. It is headquartered in the United States and has offices in Europe and Asia.
Polymer Group Inc
PGI is controlled by funds and affiliates of Blackstone. PGI produces and supplies nonwoven material.
Fiberweb plc
Fiberweb is a globally active manufacturer of nonwoven fabrics headquartered in the UK, and listed on the London Stock Exchange.
Contacts
