Merging for scope and scale

As localisation increasingly becomes a factor in international trade, Colbond and Bonar Technical Fabrics are to merge under organisational changes being introduced by parent company Low & Bonar.

The change is aimed at accelerating growth and putting the group on a clear path towards globalisation by creating an organization that has the necessary scope and scale.

“These changes are designed to enhance our global reach, accelerate growth and balance our great operational strengths with a strategic, longer-term market focus,” said Low & Bonar CEO Steve Good. “The merger will create a strong platform for further top-line growth and an even wider technology portfolio for our customers.”

The changes are effective immediately.

Colbond is a leading producer and supplier of high-quality synthetic nonwovens for flooring, automotive and construction applications and of three-dimensional polymeric mats and composites for civil engineering, building and industrial applications. The company’s production facilities are based in Emmen and Arnhem (NL), Obernburg (D), and Asheville (NC, USA).

Bonar Technical Fabrics is a market leader in the production and supply of woven fabrics, as well as nonwovens and fibres for civil engineering, agriculture and industrial applications as well as the construction industry.  It operates manufacturing plants and offices in Zele and Lokeren (Belgium), Hull (UK), Tiszaújváros (Hungary) and Yizheng (China). A facility in the Middle East will become operational in 2012.