Parker buys railroad filtration business from Camfil Farr

Parker buys railroad filtration business from Camfil Farr

NEWS/EXCHANGE RATES Parker buys railroad filtration business from Camfil Farr P arker Hannifin Corp has acquired Camfil Farr Group’s railroad filtr...

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NEWS/EXCHANGE RATES

Parker buys railroad filtration business from Camfil Farr

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arker Hannifin Corp has acquired Camfil Farr Group’s railroad filtration business, a manufacturer of air and liquid filtration products used in rail and transit, mining and marine engine applications. Headquartered in Laval, Canada, the Camfil Farr railroad filtration business had sales of approximately US$22 million in 2011, 90 employees and operations and sales in Canada, Mexico and India and a sales presence in the US and Australia. The acquired business will become part of Parker’s Filtration Group. About 75% of the ongoing revenues of the railroad filtration business will be reported in Parker’s Industrial North America reporting segment, while the remaining 25% will be reported in the company’s Industrial International segment. “Parker sees significant opportunities to broaden our large engine and air filtration product lines and leverage products in other large combustion engine applications,” said Peter Popoff, president of Parker Hannifin’s Filtration Group. “The railroad business of Camfil Farr brings expertise and services that allow Parker’s Filtration Group to build a worldwide presence in specialised rail, marine and mining markets, while adding clean air technologies to strengthen our fil-

tration solutions capabilities. Additionally, this transaction will give Parker Filtration manufacturing capacity in Canada and Mexico to better service customers in those markets.” For further information, visit www.parker.com and www.camfilfarr.com

Pentair expands in sterile air filtration with Carl Prandtl acquisition

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entair Filtration Solutions has acquired Carl Prandtl MicroFiltration (CPM), a German specialist in sterile air filtration technology for the food and beverage industry. “This acquisition will further Pentair’s leadership position in the attractive food and beverage sector, where Pentair Filtration Solutions’ expertise is already highly valued,” said Netha Johnson, president of Pentair Filtration Solutions. Olaf Müller, vice president Food & Beverage, added: “By broadening our technology and components portfolio in Food and Beverage, we will be able to provide more integrated solutions to our customers.”

For further information, visit www.pentair.com and www.cpm-prandtl.de

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16

Filtration Industry Analyst

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