SWM Acquires DelStar as Platform for Filtration Diversification

Schweitzer-Mauduit International (SWM) acquired DelStar in December 2013 for $230 million, establishing it as a platform investment to enter the high-growth filtration industry and marking SWM's first major step towards diversification away from tobacco.

“Late 2013 acquisition of DelStar was platform investment in high- growth filtration industry and first major step towards diversification”

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