Jun 14, 2023ACQUISITIONDüren, Germany, Germany Albany International to acquire Heimbach group for €153 million
Albany International Corp. has entered into a definitive agreement to acquire Heimbach GmbH and its subsidiaries for €153 million. The transaction is subject to regulatory approval and is expected to close in the second half of 2023.
Value
$165.0M (153.0M EUR)
Productspaper machine clothingtechnical textiles
“The Heimbach shareholders and Albany have agreed on this today.”paperfirst.info
- 2 sources
- paperfirst.infoAlbany International enters definitive agreement to acquire Heimbach group for €153 million | PaperFIRSTSonoco to modernize, expand URB production at Richmond, VA MillJun 14, 2023
- textileworld.comAlbany International Enters Definitive Agreement To Acquire Heimbach Group For 153 Million Euros | Textile WorldJim BornemanJun 14, 2023
Summarized from public sources; check the original articles before acting on it.
ENDATA