M&A Deal Summary

Lydall Acquires Andrew Webron Filtration

On February 20, 2014, Lydall acquired apparel/textiles company Andrew Webron Filtration from Andrew Industries for 83M USD

Acquisition Highlights
  • This is Lydall’s 1st transaction in the Apparel/Textiles sector.
  • This is Lydall’s 2nd largest (disclosed) transaction.
  • This is Lydall’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-02-20
Target Andrew Webron Filtration
Sector Apparel/Textiles
Buyer(s) Lydall
Sellers(s) Andrew Industries
Deal Type Divestiture
Deal Value 83M USD

Target

Andrew Webron Filtration

Stockton-On-Tees, United Kingdom
Andrew Filtration, which includes the highly regarded SOUTHERN FELT, ANDREW WEBRON and CHINA FELT COMPANY brands, is a manufacturer and supplier of non-woven filter media and filter bags for industrial pollution control.

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Buyer(S) 1

Buyer

Lydall

Manchester, Connecticut, United States

Category Company
Founded 1869
Sector Manufacturing
Employees3,500
Revenue 764M USD (2020)
DESCRIPTION

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


DEAL STATS #
Overall 1 of 4
Sector: Apparel/Textiles M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-30 Lydall Industrial Thermal Solutions

Ossipee, New Hampshire, United States

Lydall Industrial Thermal Solutions, Inc. (Affinity) is a North American producer of highly engineered thermal management systems that precisely control operating temperatures of advanced manufacturing equipment and analytical tools. Affinity’s thermal management solutions—including chillers, heat exchangers, and product maintenance and service—are sold to customers in the semiconductor, laser, and general industrial markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Charter Medical

Winston-Salem, North Carolina, United States

Charter Medical Ltd. manufactures specialty single-use assemblies and Class I and Class II medical devices for the collection, processing, storage and filtration of biological and bioprocessing fluids. Charter also produces bio-containers and fluid management sets that serve a range of life science applications including biopharmaceutical manufacturing, cell therapy and cryogenic storage. Charter is a single site company based in Winston-Salem, North Carolina.

Sell $30M

Seller(S) 1

SELLER

Andrew Industries

Altham, United Kingdom

Category Company
Founded 1894
Sector Apparel/Textiles
DESCRIPTION

Andrew Industries Ltd is a privately owned British multi-national manufacturing Group. manufactures a wide range of needle punch non-woven felts to meet the application requirements found in the modern commercial laundry environments of today.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 1 of 1
Size (of disclosed) 1 of 1