Ahlstrom Completes Deal for Shandong Puri Filter & Paper Products
Sept. 14, 2010 - Ahlstrom said that it has completed the acquisition of Shandong Puri Filter & Paper Products Limited in China from the Purico Group.
Shandong Puri Filter & Paper Products 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 deal on August 11, 2010 as part of implementing its growth strategy in Asia.
The debt free transaction value is MEUR 22.5.
See related story:
Ahlstrom Acquires Chinese Filter Paper Producer (8/11/2010)