Albany International acquires paper machine clothing supplier Heimbach Group

Albany International acquires paper machine clothing supplier Heimbach Group

Albany International Corp. (NYSE:AIN), a leader in industrial technology solutions, has officially announced the completion of its acquisition of Heimbach Group for €132 million in cash and an assumed net debt of approximately €22 million. The deal was initially declared in June 2023 and is poised to make Albany a dominant force in the industry […]