Schweitzer-Mauduit completed the acquisition of Tekra and Trient from EIS for $155m.

Schweitzer-Mauduit International, a performance materials company, completed the acquisition of speciality chemicals producers Tekra and Trient, from EIS, an industrial conglomerate for $155m. “Tekra and Trient are strategic additions to our AMS growth platform and these businesses complement many of the key attributes that are the foundation of SWM. Tekra and Trient provide critical components for their customers’ end products that meet demanding technical requirements. Much like SWM, their focus is on high-value applications and maintaining close customer relationships that drive market leadership and strong financial performance," Jeffrey Kramer, Schweitzer-Mauduit CEO.