Freudenberg is acquiring the remaining 25 percent stake in Japan Vilene Company, making it the sole owner of the leading nonwovens manufacturer in Japan for approximately 100 million euros.

Information on the Target

Freudenberg SE, based in Weinheim, Germany, is set to acquire the remaining 25 percent stake of Japan Vilene Company Ltd. (JVC), located in Tokyo, Japan, from its joint venture partner Toray Industries, Inc. This acquisition will make Freudenberg the sole owner of JVC, a prominent manufacturer in the nonwovens sector within the Japanese market. This strategic decision comes as Freudenberg exercises its purchase option as outlined in their existing joint venture agreement. The final purchase agreement is projected to be signed in December 2025, with a purchase price anticipated to be approximately 100 million euros.

Established in 1960, JVC has grown into a significant player in the nonwovens industry, providing an extensive array of products catering to the automotive, medical, electrical, and industrial sectors. The company boasts a network of 15 production sites globally, including two facilities located in Japan. By aligning closely with Freudenberg Performance Materials and Freudenberg Filtration Technologies, Japan Vilene Company has successfully developed production and sales joint ventures throughout Asia.

Industry Overview in Japan

The nonwovens industry in Japan has proven to be a resilient sector, characterized by its flexibility and responsiveness to market needs. With advancements in technology and a growing focus on sustainability, the indu