Porvair to acquire Drache Umwelttechnik for €20.5m.

Porvair, the specialist filtration, laboratory and environmental technology group, agreed to acquire Drache Umwelttechnik, a supplier to the aluminium filtration market, for €20.5m. Under its existing management team, Drache will join the Group's Metal Melt Quality division, bringing complementary products and engineering experience, while expanding the division's global reach with a new European base alongside its American and Asian operations.