Albany International completes acquisition of Heimbach Group for €132M

Albany International completed the purchase of Heimbach Group, a supplier of industrial textiles for paper manufacturing and filtration, for €132 million plus the assumption of €22 million in net debt. The acquisition closed on August 31, 2023.

“On August 31, 2023, Albany International completed the purchase of Heimbach for €132 million, in addition to assuming another €22 million in net debt.”en.wikipedia.org

• 1 source
• en.wikipedia.orgHeimbach GroupMay 28, 2026

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