06.18.12
Filtrona Porous Technologies has purchased a 100% stake in the John R. Lyman Company and Big Blue Properties LLC, which are together known as Lymtech Scientific.
Based in the US, Lymtech Scientific is a manufacturer and distributor of porous speciality wiping materials used within the clean environments increasingly required by the medical, life science, electronic and industrial markets. The acquisition of Lymtech Scientific not only adds complementary technology in a growth segment to Richmond, VA-based Filtrona Porous Technologies, but also enhances its commercial capability through the addition of a distribution selling channel.
“The acquisition of Lymtech Scientific is an exciting opportunity for Filtrona Porous Technologies. The transaction is not only a logical extension of our porous fiber manufacturing technology, it also gives us access to the attractive growth and higher value cleanroom and controlled environment wipes market,” says Russ Rogers, president of Filtrona Porous Technologies. “In addition, through leveraging our global commercial and operational resources, there is a real opportunity for us to expand the Lymtech Scientific business geographically into the sizeable Asian and European cleanroom wipes market.”
Based in the US, Lymtech Scientific is a manufacturer and distributor of porous speciality wiping materials used within the clean environments increasingly required by the medical, life science, electronic and industrial markets. The acquisition of Lymtech Scientific not only adds complementary technology in a growth segment to Richmond, VA-based Filtrona Porous Technologies, but also enhances its commercial capability through the addition of a distribution selling channel.
“The acquisition of Lymtech Scientific is an exciting opportunity for Filtrona Porous Technologies. The transaction is not only a logical extension of our porous fiber manufacturing technology, it also gives us access to the attractive growth and higher value cleanroom and controlled environment wipes market,” says Russ Rogers, president of Filtrona Porous Technologies. “In addition, through leveraging our global commercial and operational resources, there is a real opportunity for us to expand the Lymtech Scientific business geographically into the sizeable Asian and European cleanroom wipes market.”