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Ahlstrom acquires 49 percent in Porous Power Tech
Ahlstrom has signed an agreement to invest in Porous Power Technologies, a Colorado, U.S. based company developing technology for lithium-ion battery separators.
Under the agreement, Ahlstrom will subscribe for approximately 49% of the shares in Porous Power while the remaining 51% of the shares will be held by the current owners of Porous Power. Ahlstrom has an option to acquire the remaining shares at a later stage.
Ahlstrom, together with Porous Power, will be offering a new generation of separator solutions for safer batteries and capacitors in electric-drive vehicles, e-bikes, portable electronics and utility-grade storage products.
The new investment will be part of Ahlstrom's Building and Energy Business Area.