Ahlstrom expands its capabilities within specialty materials for life sciences with the acquisition of ErtelAlsop
AHLSTROM OYJ, PRESS RELEASE, DECEMBER 2, 2024 at 16:00 EET
Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.
As a global leader in specialty materials within lab and life sciences applications, the acquisition strengthens Ahlstrom’s position in the life science filtration market and allows Ahlstrom to enter the depth filtration space. It also marks a key milestone on Ahlstrom’s growth transformation journey and its vision to be the sustainable specialty materials company.
ErtelAlsop will become part of Ahlstrom's Filtration and Life Sciences business and will be key to the company’s lab and life sciences filtration growth strategy.
“Ahlstrom’s core value creation stems from sustainable innovation and product development, making ErtelAlsop’s technology-forward approach and growth mindset, a perfect fit for our company. Their business aligns with Ahlstrom’s purpose to Purify and protect with every fiber for a sustainable world,” says Daniele Borlatto, EVP for Filtration and Life Sciences at Ahlstrom.
The acquisition brings comprehensive production and engineering capabilities that meet a broad range of demanding product specifications, adding value for existing and new customers worldwide.
“ErtelAlsop’s legacy of innovation and technical expertise in the life science depth filter media industry aligns with Ahlstrom’s ambitions to extend our offerings in lab and life sciences filtration. Both companies have complementary capabilities, and this acquisition will enable us to leverage ErtelAlsop’s proven ability to deliver customized solutions and serve critical end-markets while accelerating growth”, Daniele Borlatto continues.
For further information, please contact
Media: Katja Ollila, Vice President, Group Marketing and Communications, +358 44 517 0891, katja.ollila@ahlstrom.com
Investors: Johan Lindh, Vice President, Investor Relations, +358 10 888 4994, johan.lindh@ahlstrom.com
Ahlstrom in brief
Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. Our vision is to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. Our three divisions, Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials, address global trends with safe and sustainable solutions. Our net sales in 2023 amounted to EUR 3.0 billion and we employ some 7,000 people. Read more www.ahlstrom.com