W & J Knox acquisition complete

The Aquafil Group completed today the acquisition of Knox Fiber, the division of Scottish-based company W & J Knox Ltd dedicated to the processing of carpet yarn.

The Aquafil Group has established a new company under the name of Aquafil UK that will aim at strengthening the Group’s competitive position in the UK market, which represents 10% of European sales.

Through the acquisition of the BCF (Bulk Continuous Filament) finishing operations at Knox, the Aquafil Group aims at improving its service to its UK customers at the highest degree of excellence. The new Aquafil UK facilities will be integrated with the Group’s current facilities worldwide and see large on-site investments to support machine installation and technological advances.

The Kilbirnie plant represents a perfect logistical base to supply customers in the United Kingdom and other Northern European countries. The new facility will join the Group’s existing European plants located in Italy, Slovenia and Germany.

About the Aquafil Group
Since 1969, Aquafil has been one of the leading players, both in Italy and globally, in the production of Polyamide 6.

The Group is a leader in the research of new production models for sustainable development. This commitment to research and development leads to the regular renewal of processes and product thanks to continuous investments of capital and knowledge.

The Aquafil Group has a presence in seven countries on three continents, employing 2429 people at 15 plants and operates through two product business units: BCF (production of filaments for textile floorings) and NTF (synthetic fibers used in the apparel and sports industries).