Bird & Bird advises Ahlstrom on the acquisition of an electrotechnical paper business
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Bird & Bird LLP has advised Ahlstrom-Munksjö Oyj on the acquisition of the electrotechnical paper business from German-based KÄMMERER. The parties have agreed not to disclose the purchase price.
Through the transaction, Ahlstrom-Munksjö expands its electrotechnical paper offering in the area of semiconductor papers used in special applications such as high-performing power cables and transformers. With a reinforced offering, Ahlstrom-Munksjö can further improve its customer service and expertise in this sector.
Ahlstrom-Munksjö is a leading electrotechnical insulation paper manufacturer and has developed unique competence in several paper product areas for the global electrotechnical transmission and distribution industry. These include cables, distribution transformer insulation, instrument transformers, power transformers and bushings. With this acquisition, Ahlstrom-Munksjö is even more capable of serving the increasing demand for high-quality insulation papers in the power industry.
Ahlstrom-Munksjö Oyj was advised by the following Bird & Bird lawyers: partners Dr. Stefanie Orttmann, LL.M. and Alfred Herda and associate Jan Medele, (all Corporate/M&A), partner Dr. Catharina Klumpp, LL.M. (employment), all Düsseldorf.