08.28.23
VPC Group, a vertically integrated foam and fiber manufacturer, announced the acquisition of Conover, NC-based Fibrix, a leader in the nonwoven business. This strategic acquisition will allow VPC to better serve its customer base across all product lines. 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’s nonwoven businesses currently operate under its Fybon umbrella in Canada. In the coming months, VPC will use this opportunity to consolidate the identity of its expanded nonwoven business under the Fibrix banner. The combined name will solidify the identity of the two companies, offering one powerful brand across North America.
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.
VPC’s nonwoven businesses currently operate under its Fybon umbrella in Canada. In the coming months, VPC will use this opportunity to consolidate the identity of its expanded nonwoven business under the Fibrix banner. The combined name will solidify the identity of the two companies, offering one powerful brand across North America.
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.