On December 1, 2008, Lydall, Inc. ("Lydall"), through its wholly owned subsidiary Lydall Netherlands B.V., acquired all of the outstanding shares in DSM Solutech B.V. ("Solutech") from Royal DSM N.V. (the "Seller").

The purchase price was 8,000,000 Euros, subject to adjustment based on the net assets, cash balances and indebtedness of Solutech as of December 1, 2008. The purchase price was funded entirely from Lydall's current cash reserves. In addition, Lydall will pay to the Seller earn-out payments based on the net revenues of Solutech during the balance of calendar year 2008, each of the four calendar years thereafter, and in calendar year 2013 through December 1, 2013. The earn-out payments will equal 4% of Solutech's net revenues during each of the periods, less certain pension funding obligations. Solutech's annual net revenues are approximately 3,000,000 Euros.

On December 1, 2008, Lydall issued a press release announcing the consummation of the transaction discussed above. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits.

The following exhibit is filed with this report, as set forth below:

Exhibit
Number    Exhibit Description
99.1      Press release, dated December 1, 2008, titled "Lydall Acquires New
          Technology Platform in The Netherlands" filed herewith.