European filter media merger

European Filtration

specialist

Hollingsworth

filter media merger

& Vose Co (H&V) continues

acquisition

plan with the announcement

operations

are to merge with that of technical

Binzer Papierfabrik The combined units. Jean-Paul Efficiency

(Filtration+Separation,

paper producer

company in Europe will consist of two business and Separation

Engine & Industrial

The new company

will do business worldwide

the Binzer Division. a producer

being

J C Binzer’s subsidiary Thueringer

in East Walpole,

Massachusetts,

in the

USA, \vas

J C Binzer was founded in 1800. At the Hepworth

UK, as part of the company’s goal of tranforming

at meeting the strategic

objective

of international

rapidly and is anticipated successfully important

to become

even larger and more

in the coming years. Thus, to enable H&V to and profitably maintain its target of being the media supplier in all world markets it was seen as to expand its operational

presence

in this region.

For further lnfoormation contact: H&l’ Co, 112 Jlbshmgton Street, IWpole, MA

Air Filtration,

02032, l&4. Zl: +I 508 668 0295; Fax: + 1 508 668 6326;

itself into a

E-mall: ~nfo@hor~o.com;I~~~b.slte: MWV.holllngsuorth~r,ose.com

Drinks filtration unit to be sold

Buy-out of Krauss-Maffei separation

Krauss-Maffei

specialist

Verfahrens-

GmbH has agreed a

director

Technology

(UK) Ltd, said the

new structure

the company to react with

Manncsmann

Dcmag Krauss-

greater flexibility , to the

Maffei AG. The details of the deal wcrc not disclosed. The new parent company Krauss-Maffei

Verfahrcns-

provides solid and

liquid separation

solutions to

the starch, pharmaceutical

GmbH has been Krauss-Maffei

Process

AG, and will keep

its headquarters

Technology

Process

in Munich.

chemical

industries.

lines offer the combination separation,

and filters, with

deal also applies

centrifuges

to subsidiaries

in the UK, USA,

thermal separation

Italy and France, as lvell as the

Its product

mechanical

The take-over

and of

i.e.

techniques,

AG.

to KHS’ board,

+Z583 million (US$540 million),

and a combined

of approximately

company because it will

(S 13.9 million) e4

to undergo future strategic

the previous year.

economic Western

profit

+Z15 million

provide it with the opportunity development

to

increase in nc\v orders worth

this is a positive move for the

partner.

stiff

According

KHS, it achieved a 26%

industry has been put up for According

demands of the market. Krauss-Maffei

marked by continuing competition.

filtration

sale by KlGcknerWerke

would enable

buy-out with

KHS AG, which designs, builds and installs complete

systems for the beverage

of Krauss-Maffei

management

Technology

to the company,

more than 150 years ago, and has plants in the USA,

b eginnin g of last year H & V purchased

renamed

manager, Pacific Rim. According

H&V has been selling into the Pacific Rim for several

important preferred

the UK and Mexico.

tecknik

of operations

years. This part of the world economy is said to be growing

under the

Germany,

of micro glass fibre, is also included

H&V, headquartered

tecknik

H&V has appointed James Madison to the newly created position

expansion.

Business Unit.

merger.

German

l .0

effectiveness

of J C Binzer, will head the European

Filtration

filter media across the world p.4)

the position was created to increase H&V’s speed and

Business Unit, while Jiirgen

H&V name, w-ith J C Binzer’s mill in Hatzfeld,

established

May 2000,

J C

Francois of H&V will manage the European High

Binzer, managing director

Filterglas,

major source of custom-engineered

of Germany.

Filtration

renamed

its

that its European

compared to

million ($3.7

million)

in

with a new

Ox-er the last year the situation in the European beverage

Forfurther lnfbrmation contact: KHS AC, /ucho.straj?e 20. 44 143

machine industry was reported

Dortmund, Germann i Tel:+49231 5691339;

to be strong. Howe\-er,

Fox: +49 2 31 569 1226;

international

IlLbnte: R’WH: khs-ag.com

markets were

i.e. dryers.

sales and service branch offices

Filtration disposal done

in China and Singapore. The

For further information contact:

UK subsidiary has changed its

Krauss-&II&

lteq Inc ofTexas, USA, has

of its two remaining filtration

name to Krauss-Maffei

2 Krauss-Mafj& Stra@, D-80997

announced the completion of the

businesses: Amcrex Industries

Munich. Germany,

sale of one of its filtration units,

and Ceilcotc Air Pollution

iw: f49

x9 8899 2120;

Amerex Industries, to A I Acq-

Control (FiJtrationfSeparatton,

Fax: f49

89 8899 3299;

uisition Corp, a wholly owned

July/August 2000, p.4), as part

subsidiary of Bcnetech Inc.

of a restructuring

Technology continue

Process

(UK) Ltd, hut will

to operate from its

Warrington

offices.

The new group of

Process Technolog AG,

or Krauss-Ma@

Process Technology

programme.

companies,

which is expected

(IJK) Ltd, Europa Boulevard, Geminl

to generate

sales of

Business Pork, &rrmgton, 1K4S 7TR,

which are approximately US$3

Forfurther detolls contact: lteq Inc,

UK.

million, will be used to reduce

2727 Allen Parkwal; Suite 760,

Iteq’s overall level of debt, after

Houston, T?: 77019, USA.

approximately (US$49

e53

million),

million

employs over

300 people.

6

April

644100;

deducting transaction costs.

Far: +44 1925 644178;

Commenting Barry Dimble,

Tel: +44 192;

on the deal, managing

2001

E-mall: procers~,kraussmaffei.co. LVebsite:u’wu:kraussmoffei.co.uk

The proceeds from the sale,

uk;

Back in June 2000 the company announced plans to dispose

Tel: i-1 713 2x5 2700; Fax: +l

713 522 0951;

1%bate: ROW:Iteqinc. corn

Filtration+Separation