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SWM acquires DelStar

2013-11-19 07:00:00| Nonwovens Industry Breaking News

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DelStar, Inc. to be Acquired by SWM

2013-11-18 06:00:00| Industrial Newsroom - All News for Today

ALPHARETTA, GA and MIDDLETOWN, DE  – DelStar, Inc. and SWM (NYSE: SWM) today announced they have executed a definitive agreement, whereby SWM will acquire DelStar from Bethesda, MD based investment firm American Capital Strategies (NYSE: ACAS). Under the terms of the agreement, DelStar will become a wholly owned subsidiary of SWM. The acquisition has been approved by both Boards of Directors and is expected to close once customary closing conditions are met, which is anticipated in ...

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