PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/30 - Albany / Heimbach
Acquiring
Albany International Corporation
Description
Industrial production company, headquartered in the United States of America, active in two sectors: (a) Albany Machine Clothing, which manufactures and markets coatings for paper machines (“paper machine clothing - PMC”) and technical fabrics (“engineered fabrics”) ; and (b) Albany Engineered Composites, which manufactures and markets composites used in the aerospace industry.
Acquired
Heimbach GmbH - Negócio de Paper Machine Clothing
Description
Machine clothing manufacturer based in Germany, active in two product lines: (a) PMC; and (b) technical fabrics used in construction, automotive engineering, chemical engineering, among other areas.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C13 - Manufacture of textiles
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger in question consists of the acquisition of sole control of Heimbach GmbH by Albany International Corporation.
Timeline
2023-07-26
The AdC issued a non-opposition decision to the merger 30/2023 - Albany / Heimbach.
2023-06-22
Albany International notifies the acquisition of exclusive control over Heimbach.
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