Lydall Performance Materials acquires gasket materials business from H&V
MANCHESTER, CT, April 3, 2019-
Lydall, Inc. (NYSE:LDL), through its wholly-owned subsidiary Lydall Performance Materials, Inc. (“Lydall”), announced today that it acquired the gasket materials business from Hollingsworth & Vose Company (“H&V”) on April 1, 2019. This transaction was fully funded by on-hand cash.
This acquisition builds on the Interface business that was acquired in August 2018 and integrated into Lydall Performance Materials. The Interface brand is a globally recognized leader with a comprehensive portfolio of complete sealing solutions, deep in-house technical capabilities, and vertical integration. This purchase will expand the Company’s position in the global gasket material sector.
Not a subscriber?