Ahlstrom`s acquisition of Shandong puri filter & paper products confirmed

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Source: Ahlstrom Corporation

Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the acquisition of Shandong Puri Filter & Paper Products Limited in China from the Purico Group.

Shandong Puri Filter & Paper Products Limited is a producer of transportation filtration media and operates a plant in Binzhou in the province of Shandong in northeastern China. The site currently employs 170 persons.

Ahlstrom announced the acquisition Shandong Puri Filter & Paper Products Limited on August 11, 2010 as part of implementing its growth strategy in Asia. The debt free transaction value is MEUR 22.5.

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