Ahlstrom-Munksjö establishes a growth platform for its attractive Advanced Liquid Technologies business through acquisition
AHLSTROM-MUNKSJÖ OYJ PRESS RELEASE, DECEMBER 17, 2019 at 9:00 EET Ahlstrom-Munksjö has acquired converting operations in China and the U.S. from Shunde Lucas and Altior Industries. Through the transaction, Ahlstrom-Munksjö will have local filter converting capacity in China and a foothold for expanding sales of other products within the Advanced Liquid Technologies business. Local presence in Asia will shorten delivery lead times and enable Ahlstrom-Munksjö to serve its customers even better.Net sales of the acquired operations are approximately USD 7 million and comparable EBITDA USD