Essentra sells Porous Technologies to Filtration Group for 220 mln stg

Friday, Aug 26, 2016

Essentra Divestment of Porous Technologies business. Transaction values Porous Technologies at £220m, free of cash and debt.

Of which c. £215m in cash and c. £5m in the form of a promissory note payable three years from completion.

Sale is to Filtration Group, an affiliate of Madison Industries.


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