Category
Corporate
2022.11.01
Corporate
BenQ Materials Corp. hereby announces its acquisition of WEB-PRO Corp., a major medical materials and hygiene supplies manufacturer
On November 1, BenQ Materials Corp. held a Board of Directors meeting which approved the acquisition where NT$3.162 billion will be invested in WEB-PRO Corp., a major supplier of medical materials and hygiene supplies, to obtain 51% shares in WEB-PRO. This acquisition will subsequently incorporate WEB-PRO into BenQ Materials, with a view to accelerate BenQ Materials’s technological development and application expansion in the medical industry.
WEB-PRO is a world-renowned upstream medical materials and hygiene supplies manufacturer which produces spunlace nonwoven fabric and PE film used in medical-graded personal protection equipment, gauze, protection pad, wet wipes, facial masks, diapers, and sanitary pads. WEB-PRO, with its advanced manufacturing capabilities, outstanding staff, first-class supply chain, and sound client base across the US, Europe, and Asia (including Japan), is a designated supplier which is qualified by various global brands and enterprises. Upon completion of this acquisition, WEB-PRO will be incorporated into BenQ Materials’ medical sector and continue product R&D and manufacturing for both medical materials and hygiene supplies.
BenQ Materials, in recent years, has been pushing for enterprise transformation as it proactively branches into the medical as well as lithium battery materials sectors. WEB-PRO’s incorporation will further strengthen BenQ Materials’ plans in the medical industry. According to Dr. ZC Chen, Chairman and CEO of BenQ Materials, “WEB-PRO is known for its rigorous innovation, highly reliable manufacturing and quality control procedures, and stable relationships with its clients. We believe that WEB-PRO’s onboarding will elevate our core R&D and manufacturing technologies in medical sector, and expand our product lines and global business as we provide our clients with ground-breaking technologies, thus creating much more value for our shareholders.”
BenQ Materials specializes in materials science. The ethos of “Live with Innovation” drives the company forward in the pursuit of materials-science solutions through the cross-application of core materials and manufacturing technologies into four major application categories: functional films, battery materials, medical, and fabrics.
WEB-PRO is an international nonwoven fabric and functional PE film supplier which specializes in the manufacturing of safe, hygienic, and reliable high-tech fabrics, spunlace nonwoven fabric, and PE microporous film for medical use.
WEB-PRO is a world-renowned upstream medical materials and hygiene supplies manufacturer which produces spunlace nonwoven fabric and PE film used in medical-graded personal protection equipment, gauze, protection pad, wet wipes, facial masks, diapers, and sanitary pads. WEB-PRO, with its advanced manufacturing capabilities, outstanding staff, first-class supply chain, and sound client base across the US, Europe, and Asia (including Japan), is a designated supplier which is qualified by various global brands and enterprises. Upon completion of this acquisition, WEB-PRO will be incorporated into BenQ Materials’ medical sector and continue product R&D and manufacturing for both medical materials and hygiene supplies.
BenQ Materials, in recent years, has been pushing for enterprise transformation as it proactively branches into the medical as well as lithium battery materials sectors. WEB-PRO’s incorporation will further strengthen BenQ Materials’ plans in the medical industry. According to Dr. ZC Chen, Chairman and CEO of BenQ Materials, “WEB-PRO is known for its rigorous innovation, highly reliable manufacturing and quality control procedures, and stable relationships with its clients. We believe that WEB-PRO’s onboarding will elevate our core R&D and manufacturing technologies in medical sector, and expand our product lines and global business as we provide our clients with ground-breaking technologies, thus creating much more value for our shareholders.”
BenQ Materials specializes in materials science. The ethos of “Live with Innovation” drives the company forward in the pursuit of materials-science solutions through the cross-application of core materials and manufacturing technologies into four major application categories: functional films, battery materials, medical, and fabrics.
WEB-PRO is an international nonwoven fabric and functional PE film supplier which specializes in the manufacturing of safe, hygienic, and reliable high-tech fabrics, spunlace nonwoven fabric, and PE microporous film for medical use.
