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H&V Announces a definitive purchase agreement with Fiberweb for the acquisition of its AQF line of business
East Walpole, MA, USA January 26th, 2010: Hollingsworth & Vose ("H&V") today announces it has entered into a definitive purchase agreement with Fiberweb for the acquisition of its AQF line of business. The transaction is expected to close within a short period of time. This acquisition of AQF’s patented carbon-containing composite filter media will allow H&V to better serve the growing global market need for gas phase filter media. “By adding this complementary technology and North American production asset, including improved testing capabilities, H&V is increasing the breadth of our technological capabilities.” commented Mike Clark, Vice President & General Manager of H&V’s High Efficiency & Specialty Filtration Business Unit.
Carbon-containing nonwoven technology combines particulate and gas phase filtration in one media to meet demanding customer adsorption requirements. The media is used in panel, extended surface and v-bank filters for odor control, corrosion control, toxic gas removal and elimination of airborne pollutants for Industrial, IAQ and Cabin Air applications.
“The AQF technology coupled with H&V’s AFM platform and other existing technologies within H&V provides an opportunity to develop gas-phase filtration media for new applications in air and liquid filtration,” said Per Lindblom, Director of Global Product Marketing, AFM The AQF production line will be relocated from Fiberweb’s Simpsonville, SC plant to H&V’s Floyd, VA facility. Manufacturing in Virginia is expected to commence by the fourth quarter of 2010.
Hollingsworth & Vose Company, established in 1843, is a global leader in the supply of technically advanced filtration media, battery separator materials and industrial nonwovens.
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