Ahlstrom-Munksjö has agreed to sell its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy, a fully owned subsidiary of Vitrulan Group and part of the family-owned industrial holding ADCURAM Group, a recent news release said. The Mikkeli plant produces glass and carbon-based reinforcement fabrics, including specialty glass fiber reinforcements for wind energy, marine and transportation applications.
The acquisition of the Ahlstrom-Munksjö fiber reinforcement business is predicted to bring significant growth to Vitrulan Group. Vitrulan glass fiber–based woven materials are used in public and private buildings, reinforcing and backing fabrics, laminates and special products.
Ahlstrom-Munksjö continues to produce glass fiber tissue at its plants in Karhula, Finland, and Tver, Russia, the release said.
Ahlstrom-Munksjö produces fiber-based materials, including filter materials, glass fiber materials, medical fiber materials and solutions for diagnostics.