Perlon® - The Filament Company - headquartered in Munderkingen, Germany, specializing in the manufacture of synthetic filaments for the Paper, Brush, Cosmetics and the Dental industry acquires NOWO Products Sp.z.o.o. in Kluczbork, Poland. NOWO Products is a leading European producer of twisted monofilaments for the global paper industry. The Serafin Group company Perlon® herewith expands its market leadership in the Paper Machine Clothing segment through this bolt-on acquisition.
“With the addition of NOWO Products to the Perlon® Group, we are strengthening our business segment focused on the global paper industry of the future as well as expanding our market leadership in this segment. With its long-term experience, specialized knowledge in the production of twisted monofilaments and complimentary product portfolio, NOWO Products is an excellent strategic fit for the Perlon® Group” states Florian Kisling, CEO of Perlon®.
The Perlon® Group will acquire NOWO Products with all 40 employees and production lines located in the NOWO factory in Kluczbork, Poland.