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Lydall announced it is purchasing Texel, a producer of needlepunch nonwoven materials, for approximately $96 million in cash. The acquisition will be included in Lydall’s Industrial Filtration operating segment, renamed Technical Nonwovens.
“In July, Lydall announced it was purchasing Texel a leading producer of needlepunch nonwoven materials... for approximately $96 million in cash.”nonwovens-industry.com
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