---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-23-000080"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:40:33.232158+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Albany International completes €132M cash acquisition of Heimbach, assumes €22M debt

## Summary
- Total consideration €132 million cash plus assumed net debt of approximately €22 million.
- Heimbach is a global supplier of paper machine clothing and high-tech textiles, headquartered in Düren, Germany.
- Acquisition funded with cash held in Europe; Heimbach becomes wholly owned indirect subsidiary of Albany.
- Albany expects complementary technologies and broader geographic footprint to create shareholder value.

## SEC filing metadata
- accession: 0000819793-23-000080
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979323000080/0000819793-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979323000080/ain-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-23-000080
- JSON: https://secwatch.observer/filing/0000819793-23-000080.json
- Plain text: https://secwatch.observer/filing/0000819793-23-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.