Canada’s VPC Group announces acquisition of Fibrix LLC
August 29, 2023 - Canada
August 29, 2023 - Canada
VPC’s nonwoven businesses currently operate under its Fybon umbrella in Canada. In the coming months, VPC will consolidate the identity of its expanded nonwoven business under the Fibrix banner.
The combined strengths, capabilities, and overall footprint of the two companies, provide a positive outlook for increased market competitiveness and growth opportunities as well, VPC Group said in a media release.
Current COO and partner of Fibrix Dean Cobb will continue to serve as president of Fibrix USA, while remaining a minority shareholder in the company.