AstenJohnson and Heimbach to merge Paper Machine Clothing and Advanced Fabric businesses

The shareholders and boards of AstenJohnson and Heimbach are in advanced negotiations to merge their Paper Machine Clothing and Advanced Fabric businesses. The merger is expected to close in the second half of 2019, subject to regulatory approval.

“The combination of AstenJohnson and Heimbach presents an unparalleled opportunity to provide our customers in the pulp and paper industry with a unique world-class suite of products, services and solutions.”paperfirst.info

• 2 sources
• paperfirst.infoAstenJohnson and Heimbach to merge their PMC businesses | PaperFIRSTSonoco to Modernize, Expand URB Production at Richmond, VA MillApr 12, 2019
• nonwovens-industry.comAstenJohnson, Heimbach Announce Merger - Nonwovens IndustrySaveApr 12, 2019

Summarized from public sources; check the original articles before acting on it.