Albany International Corp. announced it has completed its acquisition of Heimbach Group (Heimbach). Headquartered in Düren, Germany, Heimbach is a global supplier of paper machine clothing for the production of all grades of paper and cardboard on all machine types as well as high-tech textile products used in a variety of sectors, such as the […]
Tag Archives: Heimbach
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Jun
Jun
Albany International on June 14 announced it has entered into a definitive agreement to acquire privately held Heimbach Group, a leading supplier of paper machine clothing, in an all cash transaction valued at approximately EUR 153 million, including the assumption of EUR 21 million net debt. The transaction has been unanimously approved by the Albany […]