Weekly Recap: Fibrix Filtration Acquires Americo Manufacturing Company, Albaad Invests in Sustainable Nonwovens Production Line and More – Nonwovens Industry Magazine
Here’s your weekly recap: the most viewed stories on our site for the week ending February 12, 2022.
Fibrix Filtration, a provider of specialty high-loft, pleated-media air filtration products backed by Branford Castle Partners, LP, a New York-based private equity firm, announced the acquisition of Americo Manufacturing Company. Americo is a leading producer of floor pads, cleaning accessories, OEM specialty nonwovens and floor mats. The Fibrix Filtration and Americo brands will be owned by the newly renamed holding company, Clean Solutions Group, led by Keith White as President and CEO.
Separately, global nonwovens and wet wipes manufacturer The Albaad Group announced its investment of approximately $67.8 million to expand its eco-friendly nonwovens production line. The company will produce a sustainable fabric made entirely of biodegradable, fully flushable, plastic-free and natural fibers slated for launch in 2023. The move is in line with the company’s ongoing commitment to its sustainability strategy.
Here are our 3 most viewed stories from the past week: