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Pfingsten sells Des-Case to Industrial Growth Partners
Industry news
Filtration+Separation July/August 2016
Mann+Hummel inaugurates new technology centre in Ludwigsburg Mann+Hummel has officially opened a new technology centre at the company’s headquarters in Ludwigsburg, Germany. The 24 000 sq m technology centre, which employs 450 people, includes research and laboratory facilities and a new museum. The adjacent test centre has space for about 100 test benches. Mann+Hummel, which is celebrating its 75th anniversary this year, has invested more than €30 million in the new facility. “The technology centre is an important investment for the company which will sustainably strengthen our competitiveness. This facility will be the birthplace
of innovation and ideas which will help the company to progress for at least another 75 years,” said Alfred Weber, CEO of Mann+Hummel. “I would like to wish our employees lots of fun working in this excellent new facility and I am sure that here we will be able to further develop our corporate culture and team spirit, an open exchange of ideas, and independent actions in the interests of the customers and the markets – as our founding fathers Adolf Mann and Erich Hummel would have wished,” said Thomas Fischer, chairman of the Mann+Hummel supervisory board. www.mann-hummel.com
LG Water Solutions provides membranes for Sohar desalination project Sohar SWRO Co LLC has selected LG Water Solutions to supply its high rejection NanoH2O seawater reverse osmosis (RO) membranes for the Sohar desalination plant in Oman. The Sohar desalination plant will produce 250 million litres of water per day and serve approximately 800 000 people. The plant was designed by Spain’s Valoriza Agua. “We are extremely honoured to have been chosen by Valoriza Agua, a leader in desalination, as the membrane supplier for the Sohar plant,” said Chul Nam, vice president of LG Chem. “This is a significant project for LG Chem and it is a true testament to the hard work and effort of our sales and operations teams to deliver the highest quality membrane products worldwide.”
Since LG Chem’s acquisition of Los Angeles-based NanoH2O in 2014, the company’s product portfolio has expanded to include high rejection brackish water RO (BWRO) membranes, anti-fouling BWRO and residential RO membranes. LG Water Solutions is a business unit of LG Chem. www.lgwatersolutions.com
8 in elements from LG Chem.
Mann+Hummel’s new technology centre in Ludwigsburg.
Pfingsten sells Des-Case to Industrial Growth Partners Private equity firm Pfingsten Partners LLC has sold the parent company of Des-Case Corp to Industrial Growth Partners (IGP), a specialist private investment partnership. Founded in 1983 and headquartered near Nashville, Tennessee, Des-Case manufactures specialty filtration products for industrial lubricants. The company markets its solutions through its distribution network, private label distributors and OEM partners. “Des-Case brings a holistic perspective to the lubricant contamination control market by not only providing the education and training needed to understand the benefits of contaminant-free lubricant, but also providing innovative solutions to protect the lubricant at every critical point in its lifecycle,” said a representative from IGP. “As a
market leader with a strong brand name and long-standing customer relationships with some of the world’s largest manufacturers, we are confident in Des-Case’s ability to continue to expand globally.” The Des-Case management team has retained a significant ownership stake in the company. “I am honoured and excited to be a part of writing the next chapter in the Des-Case growth story alongside our valued customers, partners and investors,” said Brian Gleason, president and CEO of Des-Case. San Francisco-based private equity firm IGP has a 20 year history in the industrial sector. www.descase.com www.igpequity.com www.pfingsten.com www.filtsep.com
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Filtration+Separation July/August 2016
Mann+Hummel inaugurates new technology centre in Ludwigsburg Mann+Hummel has officially opened a new technology centre at the company’s headquarters in Ludwigsburg, Germany. The 24 000 sq m technology centre, which employs 450 people, includes research and laboratory facilities and a new museum. The adjacent test centre has space for about 100 test benches. Mann+Hummel, which is celebrating its 75th anniversary this year, has invested more than €30 million in the new facility. “The technology centre is an important investment for the company which will sustainably strengthen our competitiveness. This facility will be the birthplace
of innovation and ideas which will help the company to progress for at least another 75 years,” said Alfred Weber, CEO of Mann+Hummel. “I would like to wish our employees lots of fun working in this excellent new facility and I am sure that here we will be able to further develop our corporate culture and team spirit, an open exchange of ideas, and independent actions in the interests of the customers and the markets – as our founding fathers Adolf Mann and Erich Hummel would have wished,” said Thomas Fischer, chairman of the Mann+Hummel supervisory board. www.mann-hummel.com
LG Water Solutions provides membranes for Sohar desalination project Sohar SWRO Co LLC has selected LG Water Solutions to supply its high rejection NanoH2O seawater reverse osmosis (RO) membranes for the Sohar desalination plant in Oman. The Sohar desalination plant will produce 250 million litres of water per day and serve approximately 800 000 people. The plant was designed by Spain’s Valoriza Agua. “We are extremely honoured to have been chosen by Valoriza Agua, a leader in desalination, as the membrane supplier for the Sohar plant,” said Chul Nam, vice president of LG Chem. “This is a significant project for LG Chem and it is a true testament to the hard work and effort of our sales and operations teams to deliver the highest quality membrane products worldwide.”
Since LG Chem’s acquisition of Los Angeles-based NanoH2O in 2014, the company’s product portfolio has expanded to include high rejection brackish water RO (BWRO) membranes, anti-fouling BWRO and residential RO membranes. LG Water Solutions is a business unit of LG Chem. www.lgwatersolutions.com
8 in elements from LG Chem.
Mann+Hummel’s new technology centre in Ludwigsburg.
Pfingsten sells Des-Case to Industrial Growth Partners Private equity firm Pfingsten Partners LLC has sold the parent company of Des-Case Corp to Industrial Growth Partners (IGP), a specialist private investment partnership. Founded in 1983 and headquartered near Nashville, Tennessee, Des-Case manufactures specialty filtration products for industrial lubricants. The company markets its solutions through its distribution network, private label distributors and OEM partners. “Des-Case brings a holistic perspective to the lubricant contamination control market by not only providing the education and training needed to understand the benefits of contaminant-free lubricant, but also providing innovative solutions to protect the lubricant at every critical point in its lifecycle,” said a representative from IGP. “As a
market leader with a strong brand name and long-standing customer relationships with some of the world’s largest manufacturers, we are confident in Des-Case’s ability to continue to expand globally.” The Des-Case management team has retained a significant ownership stake in the company. “I am honoured and excited to be a part of writing the next chapter in the Des-Case growth story alongside our valued customers, partners and investors,” said Brian Gleason, president and CEO of Des-Case. San Francisco-based private equity firm IGP has a 20 year history in the industrial sector. www.descase.com www.igpequity.com www.pfingsten.com www.filtsep.com
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