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Market commentary Feb 2015 Verified

SWM Highlights HVAC Filtration Growth via Acquisition

SWM's acquisition of Pronamic Industries provides entry into residential and commercial HVAC filter markets, with a key high-margin electrostatic filtration media product line identified as having high growth potential.

“Key product lines are resin-based rolled-goods used in a wide range of HVAC applications – Primarily residential and commercial HVAC filters ranging from standard to high-performance”

Entities

Pronamic Industries · Target Schweitzer-Mauduit International, Inc. · Acquirer
HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.