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Ahlstrom acquires Shandong Puri Filter

11 August 2010

Ahlstrom Corp is buying Shandong Puri Filter & Paper Products Ltd in China from the Purico Group in a €22.5 million transaction.

Shandong Puri Filter & Paper Products, which produces transportation filtration media, has a plant in Binzhou in Shandong province in northeastern China and employs 170 people.
 
The acquisition of Shandong Puri Filter & Paper Products is part of Ahlstrom’s growth strategy in Asia.
 
Jan Lång, Ahlstrom president & CEO, said: “Together with our plant in Hyun Poong, South Korea, the acquisition enables us to grow our market share in the Asian transportation filtration market”.
 
 
 
 
This filtration business news is brought to you by Filtration Industry Analyst, the monthly business newsletter and sister publication of Filtration+Separation magazine.

 

This article is featured in:
Filter media  •  Transport

 

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