Lydall is now a subsidiary of Unifrax after rapid completion of proposed acquisition
WILMOT, NH, October 14, 2021-
Lydall, Inc. is now a subsidiary of industrial materials specialist Unifrax, the two companies said last week. The acquisition of the Manchester, Connecticut-based nonwovens producer by Unifrax moved very quickly, following an original announcement by Unifrax and Lydall in June.
The New York Stock Exchange notified the US Securities and Exchange Commission that the acquisition had become effective October 1. Lydall stock trading was suspended that day, and the stock was subsequently delisted.
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