Ahlstrom will acquire 100 percent of the shares in Munktell Filter AB, as well as its holdings in Munktell & Filtrak GmbH, Filtres Fioroni SA and Munktell Inc. The enterprise value of the transaction is approximately 20 million Euros. Through the transaction, Ahlstrom will become a global leader in life science and laboratory media filtration.According to Jan Lång, CEO of Ahlstrom, the acquisition reinforces Ahlstrom's leadership in filtration material markets worldwide. "There is a clear strategic fit with Munktell and Ahlstrom, and the transaction allows us to strengthen our product portfolio in advanced filtration materials," he said.Munktell is based in Falun, Sweden, and it has production sites in Germany and Sweden, a joint venture in France, as well as a sales office in the US. The company's net sales amounted to approximately 15 million Euros and operating profit margin was roughly 15 percent in 2011. It employs some 100 people. Munktell produces filtration materials mainly for life science and laboratory applications.Munktell will be integrated into Ahlstrom's Filtration business area. The acquisition is expected to be completed by the end of October and is subject to customary regulatory approvals.