Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Airtech Acquires U.K.-based Nonwovens Producer - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

Airtech Acquires U.K.-based Nonwovens Producer

Cosmotec is a U.K.-based producer of needlepunch and air through bonded nonwovens

Author Image

By: Karen McIntyre

Editor, Nonwovens Industry

Airtech Advanced Materials has acquired Cosmotec, a U.K.-based producer of needlepunch and air-bonded nonwoven textiles in a deal that is expected to create a “strong international player in nonwoven manufacturing.”

The transaction was supported by Headpoint Advisors, which advised Cha Technologies, a Switzerland-headquartered global conglomerate with diversified interests across property, technology, textiles, financial services and healthcare. Cosmotec  operates from an eight-acre facility in Blackburn. 

Airtech Advanced Materials Group, a global manufacturer headquartered in Huntington Beach, CA, has operations across the US, Europe, and Asia. The group serves a range of industries, including aerospace, composites, automotive, and defence.

Jacques Boubal, group chief executive of Cha Technologies Group, said: “Headpoint assisted us in this process with great professionalism and delivered a successful sale of Cosmotec to an ideal international strategic buyer in Airtech. 

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics