Posted September 8, 2014
WILMINGTON, Del. – DuPont Protection Technologies (DuPont) and Jacob Holm & Sonner Holding A/S announced completion of the sale of the DuPont™ Sontara® business to Jacob Holm.
Sontara® is a global nonwovens business that produces products used in a variety of medical and wipes applications. Jacob Holm is a leading company for spunlaced nonwoven fabrics.
“This transaction represents another step in the execution of our growth strategy in DuPont Protection Technologies and further enhances our focus on delivering innovative advanced materials that drive profitable growth both today and over the long term,” said Marc Doyle, president, DuPont Protection Technologies. “We wish those in the Sontara® business every success under Jacob Holm.”
“The combination of Sontara® and Jacob Holm will create a new industry innovation leader for spunlaced nonwoven fabrics,” said Martin Mikkelsen, CEO, Jacob Holm Group. “This is an extraordinary day in the history of our Group and we look forward to welcoming all Sontara® employees to our company.”
As part of the acquisition, Jacob Holm will now operate Sontara® assets in Asturias, Spain, and Old Hickory, Tenn., employing 240 employees worldwide. Financial terms were not disclosed.
“The combination of Sontara® and Jacob Holm will create a new industry innovation leader for spunlaced nonwoven fabrics,” said Martin Mikkelsen, CEO, Jacob Holm Group. “This is an extraordinary day in the history of our Group and we look forward to welcoming all Sontara® employees to our company.”
Jacob Holm is a leading company for spunlaced nonwoven fabrics. Founded in 1794, the company has production facilities in France and the United States and is headquartered in Basel, Switzerland. About 230 employees produce high-quality and innovative spunlaced nonwovens.
DuPont sale of Sontara business to Jacob Holm complete