Polypore Announces Completion of Merger with Asahi Kasei

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CHARLOTTE, N.C., August 26, 2015 – Polypore International, Inc. (NYSE: PPO) announces that the sale of its Separations Media business segment to 3M Company (NYSE: MMM) has closed. Additionally, the acquisition of Polypore by Asahi Kasei Corporation (“Asahi Kasei,” TSE1:3407) has also closed and Polypore will now operate as a core operating company of the Asahi Kasei Group. Polypore and Asahi Kasei will work together to integrate their technology and expertise to maximize synergies that will enable further development and growth of the battery separator business.

 

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