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PGI Specialty Materials Acquires Dounor, A Personal Care Provider

The specialty materials company has acquired this manufacturer.

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By: Marie Redding

Senior Editor, Rodman Media

PGI Specialty Materials has reached an agreement to acquire Dounor SAS, a French manufacturer of materials used in hygiene, healthcare and industrial applications.

The acquisition of Dounor is expected to help accelerate the growth of PGI’s specialty materials business in Europe, particularly in hygiene applications, as PGI continues to deliver on its mission of creating a safer, cleaner, healthier world.

J. Joel Hackney, Jr., CEO, PGI, said: “Dounor has grown into one of the top providers in materials for adult care and other hygiene applications in the European region, making them an ideal addition to our business. This acquisition will enable us to better serve our customers in the hygiene market, particularly in northern Europe, and we are excited about the new opportunities this will create for our growth.”

PGI expects to close the acquisition of Dounor in the second quarter of 2015.

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