Ahlstrom expands filtration portfolio.Ahlstrom Corporation has acquired Hollinee's filtration division in the U.S. Hollinee mainly makes nonwoven non·wo·ven adj. Made by a process not involving weaving. Used of textiles. n. Material or a fabric made by a process not involving weaving. filtration material for heating, ventilation and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. applications. The transaction expands Ahlstrom's product offering in HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free , an area that offers promising growth opportunities globally. Ahlstrom hopes to become a leading supplier in the $500 million global HVAC market; the acquisition will add $32 million in sales to Ahlstrom. Hollinee, which has been owned by a Chicago-based private equity company since 1999, employs 200 people at three manufacturing facilities in the U.S. Hollinee LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a producer of glass fiber composites and filter materials, has not been affected by the sale. Based in Helsinki, Finland, Ahlstrom has made several strategic acquisitions in recent years. In the filtration arena, recent purchases include Spanish supplier Papelera del Besos in 2002. |
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