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Italy's GVS to acquire Kuss Filtration
filtration
industryANALYST ISSN 1365-6937 July 2017
www.filtrationindustryanalyst.com
Mann+Hummel expands in HVAC and HEPA filters with Jack Filter takeover
T
he Mann+Hummel Group has entered into a binding agreement to acquire Jack Filter Lufttechnik and Jack Filter Hungaria, expanding its product portfolio in HVAC (heating, ventilation, air conditioning) and HEPA (high efficiency particulate air) filters. Jack Filter, a family-led company that was founded in 1947, specializes in the production and sale of air filters for ventilation, air conditioning and cleanroom technology. The company has two state-ofthe-art production facilities in Austria and Hungary, annual sales of approximately E10 million and employs around 100 people. With the acquisition, Alexander Gaggl, managing partner of Jack Filter, will take on a management role in Mann+Hummel’s global Intelligent Air Solutions business area.
Alfred Weber, president & CEO of Mann+Hummel, said: “This acquisition is a perfect fit for our corporate strategy. It gives us the opportunity for further growth in the non-automotive segment. The state-of-the-art production facilities and the expertise of the employees who work there will help us to continue to achieve leadership in filtration. We look forward to working with all Jack Filter employees.” For further information, visit www.mann-hummel.com and www.jackfilter.at
COMMENT The acquisition of Jack Filter shows how Mann+Hummel is continuing to look beyond automotive while remaining focused on filtration. n
Italy’s GVS to acquire Kuss Filtration
I
talian microfiltration company GVS SpA has agreed to acquire Kuss Filtration Inc from private equity firm Industrial Opportunity Partners. Headquartered in Findlay, Ohio, USA, Kuss Filtration manufactures fuel, oil, lubrication and urea filters, engine air intake, cabin air and emission filters for the light vehicle, outdoor power equipment, powersport and on-and off highway commercial vehicle markets. The company has four production plants in the US, Brazil and China, and sales offices in France and Switzerland. Industrial Opportunity Partners acquired Cummins Inc’s Light Duty Filtration assets in 2011 and renamed the business Kuss Filtration. GVS, which was founded in 1979, develops and manufactures filtration products primarily for the medical, automotive, safety, life science, appliance and industrial markets. The company has 11 manufacturing plants in Italy, UK, Brazil, China, Romania and USA, with supporting
sales offices in 22 countries. “GVS has high expectations for this new investment,” said Massimo Scagliarini, CEO of GVS. “Kuss Filtration brings us extensive experience in the fuel filtration market. Their skilled management team, product portfolio, and significant sales position, will give GVS’s Automotive Division clear leadership in the automotive microfiltration market.” “This partnership will allow us to fully utilize our design and technical skills. We will also be able to provide additional products and solutions to our customers,” said Hasnain Merchant, CEO of Kuss Filtration. After the deal is completed, GVS will operate from 26 locations in 22 countries and employ over 2300 people. GVS was advised by Ice Miller, and IOP and Kuss were advised by Robert W Baird & Co and Winston & Strawn LLP. For further information, visit www.kussfiltration.com and www.gvs.com
Contents Company Profile Atlas Copco 6 Sulzer 7
Company Watch Cantel Medical 8 Donaldson 8 Esco Technologies 9 H2O Innovation 9 Lindsay 10 Metso 10 www.biometrics-today.com Nederman 11 Porvair 11
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Diary
15
Dividends
5
In Brief
4
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www.membrane-technology.com Financial Calendar 14
Market Prospects
14
New Product Developments
15
News
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Mann+Hummel expands in HVAC and HEPA filters with Jack Filter takeover 1 Italy’s GVS to acquire Kuss Filtration 1 Italmatch purchases French filtration startup 2 Magpie Polymers Investment firm to acquire mobile filtration technology provider Desotec 3 Edgewater Funds and Duchossois Capital partner with Brandon Ost to buy Viskon-Aire 3 Evoqua adds Olson Irrigation Systems to Aquatics and Disinfection business 3 SPX Flow and Al Wajdi Group firm service join venture in Iraq 3 Align Capital Partners invests in Pleatco 4 HaloSource raises US$2.2mn and signs 5-yr 4 distribution deal OriginClear partners with India’s Permionics 5 www.networksecuritynewsletter.com Evonik collaborates with Sinopec on OSN membrane technology 5 Evoqua plans to go public 16 Emefcy and RWL Water merge to form Fluence 16 De.mem establishes Singapore membrane production facility 16
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People & Appointments
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ISSN 1365-6937/17 © 2017 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.
Visit us @
www.computerfraudandsecurity.com
industryANALYST ISSN 1365-6937 July 2017
www.filtrationindustryanalyst.com
Mann+Hummel expands in HVAC and HEPA filters with Jack Filter takeover
T
he Mann+Hummel Group has entered into a binding agreement to acquire Jack Filter Lufttechnik and Jack Filter Hungaria, expanding its product portfolio in HVAC (heating, ventilation, air conditioning) and HEPA (high efficiency particulate air) filters. Jack Filter, a family-led company that was founded in 1947, specializes in the production and sale of air filters for ventilation, air conditioning and cleanroom technology. The company has two state-ofthe-art production facilities in Austria and Hungary, annual sales of approximately E10 million and employs around 100 people. With the acquisition, Alexander Gaggl, managing partner of Jack Filter, will take on a management role in Mann+Hummel’s global Intelligent Air Solutions business area.
Alfred Weber, president & CEO of Mann+Hummel, said: “This acquisition is a perfect fit for our corporate strategy. It gives us the opportunity for further growth in the non-automotive segment. The state-of-the-art production facilities and the expertise of the employees who work there will help us to continue to achieve leadership in filtration. We look forward to working with all Jack Filter employees.” For further information, visit www.mann-hummel.com and www.jackfilter.at
COMMENT The acquisition of Jack Filter shows how Mann+Hummel is continuing to look beyond automotive while remaining focused on filtration. n
Italy’s GVS to acquire Kuss Filtration
I
talian microfiltration company GVS SpA has agreed to acquire Kuss Filtration Inc from private equity firm Industrial Opportunity Partners. Headquartered in Findlay, Ohio, USA, Kuss Filtration manufactures fuel, oil, lubrication and urea filters, engine air intake, cabin air and emission filters for the light vehicle, outdoor power equipment, powersport and on-and off highway commercial vehicle markets. The company has four production plants in the US, Brazil and China, and sales offices in France and Switzerland. Industrial Opportunity Partners acquired Cummins Inc’s Light Duty Filtration assets in 2011 and renamed the business Kuss Filtration. GVS, which was founded in 1979, develops and manufactures filtration products primarily for the medical, automotive, safety, life science, appliance and industrial markets. The company has 11 manufacturing plants in Italy, UK, Brazil, China, Romania and USA, with supporting
sales offices in 22 countries. “GVS has high expectations for this new investment,” said Massimo Scagliarini, CEO of GVS. “Kuss Filtration brings us extensive experience in the fuel filtration market. Their skilled management team, product portfolio, and significant sales position, will give GVS’s Automotive Division clear leadership in the automotive microfiltration market.” “This partnership will allow us to fully utilize our design and technical skills. We will also be able to provide additional products and solutions to our customers,” said Hasnain Merchant, CEO of Kuss Filtration. After the deal is completed, GVS will operate from 26 locations in 22 countries and employ over 2300 people. GVS was advised by Ice Miller, and IOP and Kuss were advised by Robert W Baird & Co and Winston & Strawn LLP. For further information, visit www.kussfiltration.com and www.gvs.com
Contents Company Profile Atlas Copco 6 Sulzer 7
Company Watch Cantel Medical 8 Donaldson 8 Esco Technologies 9 H2O Innovation 9 Lindsay 10 Metso 10 www.biometrics-today.com Nederman 11 Porvair 11
Visit us @
Diary
15
Dividends
5
In Brief
4
Visit us @
www.membrane-technology.com Financial Calendar 14
Market Prospects
14
New Product Developments
15
News
Visit us @
Mann+Hummel expands in HVAC and HEPA filters with Jack Filter takeover 1 Italy’s GVS to acquire Kuss Filtration 1 Italmatch purchases French filtration startup 2 Magpie Polymers Investment firm to acquire mobile filtration technology provider Desotec 3 Edgewater Funds and Duchossois Capital partner with Brandon Ost to buy Viskon-Aire 3 Evoqua adds Olson Irrigation Systems to Aquatics and Disinfection business 3 SPX Flow and Al Wajdi Group firm service join venture in Iraq 3 Align Capital Partners invests in Pleatco 4 HaloSource raises US$2.2mn and signs 5-yr 4 distribution deal OriginClear partners with India’s Permionics 5 www.networksecuritynewsletter.com Evonik collaborates with Sinopec on OSN membrane technology 5 Evoqua plans to go public 16 Emefcy and RWL Water merge to form Fluence 16 De.mem establishes Singapore membrane production facility 16
Visit us @
Visit us @
Visit us @
Orders & Contracts www.sealingtechnology.info
13
People & Appointments
12
Visit us @ www.filtrationindustryanalyst.com
ISSN 1365-6937/17 © 2017 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.
Visit us @
www.computerfraudandsecurity.com