Shalag to acquire Italy-based Texsus.

Shalag Industries, an Israel-based company, to acquire Italy-based Texsus, a leading manufacturer of air-through bonded nonwovens and laminated products primarily for the hygiene market. Financial terms were not disclosed. “We appreciate Texsus reputation in the market and believe that the high synergy between the companies will allow Shalag Group to provide its customers over the world with the best global services as well as increased company innovation and technology capabilitie,” says Ilan Pickman, CEO of Shalag.