2018 Nonwovens Sales: $125 million
Ilan Pickman, CEO
Israel, North Carolina, Italy (Texsus)
Air through bonded, thermal bonded, stitchbonded, needlepunch
Baby diapers, feminine hygiene, adult incontinence, wipes
In August, Israeli nonwovens producer Shalag Group said it had signed agreement to acquire 100% of the shares of Texsus S.P.A, a leading manufacturer of air-through bonded nonwovens and laminated products for the hygiene market. Based in Pistoia, Italy, Texsus will be operated as a subsidiary of Shalag Industries and will continue to be managed by Federico Micheloti and on the marketing side by Barbara Bulleri.
The acquisition expands Shalag Group presnence in the global air-through bonded nonwovens segment with three production sites in Israel, North Carolina and Italy with a production capacity close to 60,000 tons per year.
“We appreciate Texsus’ reputation in the market and believe that the high synergy between the companies will allow Shalag Group to provide its customers over the world with the best global services as well as increased company innovation and technology capabilities,” says Ilan Pickman, CEO.
Shalag’s most recent organic investment included a third production line added in 2016 to its North Carolina site. The new line brought the site’s capacity to 18,000 tons at a cost of $20 million. Also at this site, Shalag has added a second spooling line. In Italy, Israel the company converted an old calender line into a modern, state-of-the-art air through bonded line. This line reached commercialization in late 2018.
These investments will allow Shalag to continue its growth in baby diapers, feminine hygiene, adult incontinence and cleaning and industry wipes markets both in Europe and North America.