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Polymer Group announces another major acquisition

机译:聚合物集团宣布另一项重大收购

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摘要

Polymer Group Inc (PGI) of Charlotte, North Carolina, USA, has signed a definitive agreement to acquire a controlling interest (about 71.25%) in one of its main rivals, Companhia Providencia Industria e Comercio, a Sao Jose dos Pinhais, Brazil-based manufacturer of nonwovens used in hygiene, healthcare and industrial applications. The acquisition is intended to accelerate PGI's global growth strategy, by extending its presence into Brazil, which the company describes as "an attractive and high-growth region", as well as bolstering its capability to supply in North America. Completion of the acquisition is subject to customary closing conditions, including approval by the US and Brazilian anti-trust authorities.
机译:美国北卡罗来纳州夏洛特的Polymer Group Inc(PGI)已签署最终协议,以收购其主要竞争对手之一,巴西圣何塞杜斯平海斯的Companhia Providencia Industria e Comercio的控股权(约71.25%),总部位于卫生,保健和工业应用的非织造布制造商。此次收购旨在通过将PGI的业务扩展到巴西(该公司形容为“一个有吸引力且高增长的地区”),并增强其在北美的供应能力,从而加速PGI的全球增长战略。收购的完成取决于惯例成交条件,包括获得美国和巴西反托拉斯当局的批准。

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