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Corporate Update

Beaulieu Acquires IFG Asota GMBH, Strengthens Fibres Business

Beaulieu International Group announces the acquisition of Austria based synthetic fibre manufacturer IFG Asota GMBH through a share purchase agreement.

IFG Asota’s portfolio includes polypropylene, polyamide, polyethylene and PLA fibres serving high-value markets such as flooring, automotive and filtration. The company’s strong innovation capabilities are backed by a research centre with a unique pilot line that accelerates product development.

The acquisition aligns with Beaulieu’s ambition to be “the most complete staple fibre expert.” Jean-Baptiste De Ruyck, CEO, Beaulieu International said “We are building a flexible and agile global platform that reinforces our leadership, strengthens our presence in existing markets, and opens the door to new, untapped territories. The acquisition of Asota accelerates this journey.”

Jean-Baptiste De Ruyck, CEO, Beaulieu International said “We are building a flexible and agile global platform that reinforces our leadership, strengthens our presence in existing markets, and opens the door to new, untapped territories. The acquisition of Asota accelerates this journey.”

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