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Lydall acquired Germany-based MGF Gutsche, a maker of needlepunch nonwovens, for $58 million in December 2016. The acquisition positions Lydall as a global leader in needlepunch nonwoven filtration solutions.
“The transaction positions Lydall as a global leader in needlepunch nonwoven filtration solutions and strengthens the company’s position as a premier provider of engineered technical materials.”nonwovens-industry.com
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