New Owner for FiberLean Technologies
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Effective immediately the Werhahn Group, a German fully family-owned business Group, has acquired 100% ownership of Fiber-Lean Technologies. Formed five years ago as a joint venture and previously owned by Imerys SA and Omya International, FiberLean Technologies will now be a fully functional commercial business that will continue as a separate legal entity within the Werhahn Group. Part of the acquisition of FiberLean Technologies involves the purchase of four MFC production facilities at sites in the U.S., India and France.
With the support of Werhahn KG and its strong entrepreneurial values, FiberLean Technologies will intensify its growth in current markets and its development into new markets. With the new owner, FiberLean Technologies will actively promote the dissemination, deployment, and appli-cation of its technological expertise through their innovative products. FiberLean Technology’s activities and all existing locations in the USA, UK, India and France will in future be managed from Germany.
Over the next 3 to 6 months, FiberLean Technologies will work with Werhahn KG, Imerys SA and Omya International to smoothly transition services, systems, and assets to the FiberLean books and operations, so business continuity will be ensured.
Enrico de Landerset, General Manager of FiberLean Technologies: "We are happy to have found a new owner in Werhahn KG, who wants to further develop our business internation-ally with us in a sustainable way according to the Werhahn philosophy ‘a company for entre-preneurs’. I am sure that together with Werhahn we will profitably expand our leading market position!"
Paolo Dell' Antonio, Chairman of the Management Board of Wilh. Werhahn KG, explains: "We are pleased to add FiberLean Technologies to our portfolio, a business activity whose innovative products can contribute to increased sustainable resource use and efficiency in various industries. Over the last ten years, FiberLean Technologies has developed an im-pressive technology which has good growth potential in the paper and packaging industry and other fields of application. We are convinced that we can develop FiberLean Technolo-gies into a profitable and valuable business area of the Werhahn Group in the coming years."
