# Lydall to acquire Gutsche for $58M

Lydall, Inc. has agreed to acquire MGF Gutsche GmbH & Co. KG for approximately $58 million in cash, expanding its filtration product offerings and geographic reach.

- Type: Acquisition
- Announced: 2016-11-30
- Where: Germany and China, Germany
- Value: $58.0M
- Status: announced
- Products: needle punch nonwoven filtration solutions, engineered technical materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Lydall](https://endata.com/companies/4860.md) (acquirer)
- [MGF Gutsche GmbH & Co. KG](https://endata.com/companies/19826.md) (target)
- [MGF Gutsche](https://endata.com/companies/19833.md) (target)
- [Gutsche Environmental Technology (Yixing) Co Ltd](https://endata.com/companies/20461.md) (target)
- [Gutsche](https://endata.com/companies/21222.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/60977/000114420416137146/v454070_ex99-2.htm), 2016-11-30: "The acquisition of Gutsche is very appealing as it com"
- [nonwovens-industry.com](https://www.nonwovens-industry.com/exclusives/lydall-to-acquire-german-needlepuncher/), 2016-11-30: "Our two companies could not fit together better."
- [econotimes.com](https://econotimes.com/Lydall-to-Acquire-Gutsche-a-Leader-in-Industrial-Filtration-and-Technical-Materials-426213), 2016-11-30: "Lydall, Inc. today announced that it has entered into an agreement to acquire MGF Gutsche GmbH & Co. KG for approximately $58 million in cash."
- [filtsep.com](https://www.filtsep.com/content/news/lydall-to-buy-gutsche), 2016-12-06: "The acquisition of Gutsche is very appealing as it combines two complementary companies in the industrial filtration and technical materials markets."
- [innovationintextiles.com](https://innovationintextiles.com/lydall-to-acquire-gutsche/), 2016-12-12: "The acquisition of Gutsche is very appealing as it combines two complementary companies in the industrial filtration and technical materials markets."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/lydall-completes-gutsche-purchase/), 2017-01-03: "I am very excited to have completed the acquisition of Gutsche as it combines two complementary companies in the industrial filtration and technical materials markets."
- [filtsep.com](https://www.filtsep.com/content/news/lydall-seals-gutsche-acquisition), 2017-01-04: "I am very excited to have completed the acquisition of Gutsche as it combines two complementary companies in the industrial filtration and technical materials markets."

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