# 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.

- Type: Acquisition
- Announced: 2026-05-28
- Where: Düren, Germany
- Value: $143.0M (132.0M EUR)
- Status: completed
- Products: industrial textiles for paper manufacturing, filtration materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Heimbach](https://endata.com/companies/6480.md) (target)
- [Albany International](https://endata.com/companies/20402.md) (acquirer)

## Sources

- [en.wikipedia.org](https://en.wikipedia.org/wiki/Heimbach_Group), 2026-05-28: "On August 31, 2023, Albany International completed the purchase of Heimbach for €132 million, in addition to assuming another €22 million in net debt."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.