Polypore International, Inc. Overview
Pro stress-test →Polypore International is a global materials science company specializing in advanced microporous membranes and battery separators. The company was publicly traded on the NYSE (PPO) from June 2007 until its acquisition by Asahi Kasei Corporation in February 2015 for $60.50 per share.
Strategic Profile
Pro stress-test →Polypore focused on high-performance filtration membranes for industrial applications, with particular strength in battery separator technology. Prior to acquisition, the company was recognized as a global leader with manufacturing and sales operations across nine countries serving six continents.
Competitive Landscape
Pro stress-test →At the time of acquisition, Polypore competed in the global filtration and battery separator markets against companies specializing in microporous membranes and industrial filtration systems. The company's separations media business was valued at $1 billion and was strategic enough that 3M acquired it separately.
Industry Context
Polypore International, Inc. operates in Battery separators and advanced filtration membranes.
Key facts
Founded: 2004 (Current entity); origins trace to earlier Polypore Inc. · Headquarters: Charlotte, NC, United States · Employees: Unknown - Integrated into Asahi Kasei · Revenue: Not disclosed post-acquisition · Market cap: N/A - Acquired February 2015