Investment Summary

Alkegen Invests In Luyang

On June 27, 2022, Alkegen invested in manufacturer Luyang

Investment Highlights
  • This is Alkegen’s 4th transaction in the Manufacturing sector.
  • This is Alkegen’s 2nd transaction in China.

Investment Summary

Date 2022-06-27
Target Luyang
Sector Manufacturing
Investor(s) Alkegen
Deal Type Stake Purchase

Target

Luyang

Zibo, China
Luyang provides research and development, production, and sales in the field of ceramic fiber, alumina fiber, soluble fiber, basalt fiber, and insulating firebrick. Luyang was founded in 1984 and is based in Zibo, China.

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Investor(S) 1

Investor

Alkegen

Buffalo, New York, United States

Category Company
Founded 1891
Sector Manufacturing
DESCRIPTION

Alkegen develops and manufactures high-performance specialty materials used in advanced applications including high-temperature industrial insulation, filtration media, battery technologies for electric vehicles and energy storage, and fire protection, among many others. Alkegen was founded in 1891 and is based in Buffalo, New York.


DEAL STATS #
Overall 5 of 5
Sector: Manufacturing M&A 4 of 4
Type: Stake Purchase M&A Deals 1 of 1
Country: China M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Lydall

Manchester, Connecticut, United States

Lydall produces specialty engineered products for the thermal/acoustical and filtration/separation markets. Lydall was founded in 1869 and is based in Manchester, Connecticut.

Buy $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-09 Lydall Thermal Acoustical Solutions

Hamptonville, North Carolina, United States

Lydall Thermal Acoustical Solutions manufactures high-performance acoustical and thermal management insulation components for the automotive and transportation industries. Lydall Thermal Acoustical Solutions is based in Hamptonville, North Carolina.

Sell -