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 […]
Tag Archives: machine clothing
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Mar
Mar
MM Board & Paper, Austria, has successfully re-started its KM3 board machine at the Frohnleiten mill after ANDRITZ completed a major rebuild. The rebuild included several upgrade measures to improve the machine’s performance in line with the customer’s targets. Mag. Gernot Schleiss, Managing Director of MM Frohnleiten, explains: “The main objective of our investment was […]