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First Quality to Expand South Carolina Operations
First Quality makes donation to American Red Cross for Hurricane Florence Relief
R2G, The Majority Owners of Pegas Nonwovens a.s., to acquire First Quality's U.S. and China Nonwovens Businesses to Create Global PFNonwovens Holding
May 22, 2018 - R2G, a family office based in Prague, Czech Republic which owns majority interest in PEGAS NONWOVENS a.s., and First Quality Enterprises, Inc. today announced that the two companies have entered into a definitive agreement under which R2G will acquire 100% of First Quality’s nonwovens operations in the United States and China. The transaction, which is subject to customary closing conditions, is expected to be completed early in the third calendar quarter of 2018.