Ahlstrom to Sell Altenkirchen Mill in Germany

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Ahlstrom, Finland, reportedly has agreed to exit its Sealing & Shielding business unit through the sale of Ahlstrom Altenkirchen in Germany to Interface Solutions, a portfolio company of Pennsylvania, USA--based Susquehanna Capital equity fund. The Altenkirchen operations were acquired for some EUR 6.5 million.

A part of Ahlstrom's Label and Processing Business, Altenkirchen operates two paper machines producing gasket and heat shield materials for the automotive industry and calender bowl materials for the paper industry. It has about 130 employees.