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HV Acquires Raman FibreScience

November 5, 2014

East Walpole, MA – November 5th, 2014 – Hollingsworth & Vose, a global leader in the supply of advanced materials for filtration, battery separator, and industrial applications, today announced the acquisition of Mysore, India-based Raman FibreScience Private Limited (RFS).  Raman FibreScience is a technology and innovation-driven company specializing in advanced materials for filtration media and battery separator applications. 

Commenting on the acquisition, H&V CEO Val Hollingsworth said “Raman FibreScience has a strong team with considerable experience in wet-laid fiber based technology.  For H&V India represents an important market and the RFS location and team provide H&V with an operational base with which to serve our customers and grow our India presense. “

Aroon Raman, Managing Director and founder of Raman FibreScience added “The Company will be in good hands with H&V.  We are both privately held companies with world-class technical capabilities with a policy of investing for the long term and so have a strong common vision and organizational culture.  I have no doubt Raman FibreScience, its employees and customers and employees will prosper under H&V.”  Aroon will continue on the board of the acquired company.

The acquisition is effective immediately.

 

About Hollingsworth & Vose

 Established in 1843, Hollingsworth & Vose is a family-run company and a global leader in the supply of advanced materials for filtration, battery separator and industrial applications. The Company operates manufacturing sites and research centers in the Americas, Europe and Asia. For more information, visit www.hollingsworth-vose.com.

 

Contact:

David von Loesecke

Vice President Business Development

508-850-2000