Filtration Group announced the closing of its acquisition of Multisorb Technologies, a world leader in active packaging technology.
As part of the Filtration Group family, Multisorb will now be able to enhance its product portfolio and expand its offerings to the growing healthcare, food and industrial markets with world class filtration solutions.
Filtration Group CEO George Nolen said: "The addition of Multisorb Technologies increases our capabilities for our customers.
"We are so pleased to be acquiring a company that not only aligns with our mission of making the world safer, healthier and more productive but one that is a proven innovator and problem-solver in the life sciences space."
Multisorb is a global provider of sorbent solutions that manage moisture, oxygen, odor and volatile organic compounds for a wide range of packaging formats.
"Filtration Group partners with companies that have a productive culture, a great business model and ambition to grow," said Eric Armenat, President of Multisorb Technologies. "This is the perfect home for Multisorb because we meet all of those criteria."
Headquartered in Buffalo, New York, Multisorb has more than 450 employees across five facilities in the U.S. and India. This acquisition will further grow Filtration Group's presence in Buffalo, as Multisorb will be among fellow Filtration Group Businesses Buffalo Filter and Air System Products in that city.
Filtration Group, an affiliate of Madison Industries, is making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. With a passionate team, global footprint and leading technology, Filtration Group is driving innovation and developing unparalleled filtration solutions.