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.
Further information:
Jan Lång
President & CEO
Tel. +358 10 888 4700, This email address is being protected from spambots. You need JavaScript enabled to view it.
Tommi Björnman
Executive Vice President, Filtration
Tel. +39 349 441 1034, This email address is being protected from spambots. You need JavaScript enabled to view it.
Seppo Parvi
CFO
Tel. +358 10 888 4768, This email address is being protected from spambots. You need JavaScript enabled to view it.