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Czech-based company to be known as PF Nonwovens
June 18, 2018
By: Karen McIntyre
Pegas Nonwovens has changed its business name to PF Nonwovens at its latest general meeting of shareholders. The company’s shareholders also approved the transfer of the company’s unconsolidated after-tax profit from 2017, amounting to €10.8 million.
The Czech-based nonwovens producer has had a transformative few months, having changed its ownership structure and announcing plans to acquire First Quality Nonwovens, giving it an instant manufacturing presence in the U.S. and China.
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