Jul 19, 2013

Liquid Filtration, Media Market Experiences Merger Activity

The $6 billion market undergoes transformation due to acquisitions

McIlvaine has identified a distinct liquid macrofiltration market, which will generate revenues of $6 billion this year. The market is undergoing transformation due to a number of acquisitions. Here are some of them as identified in the continuous online McIlvaine report, "Liquid Filtration and Media: World Markets." 

  • • Effective May 3, Clear Edge was acquired by Filtration Group Corp., a Chicago based filtration company owned by Madison Capital Partners.
  • • Passavant-Geiger GmbH, a wholly-owned subsidiary of Bilfinger SE, has acquired Johnson Screens.
  • • Vance Street Capital LLC, a Los Angeles-based private equity firm, has acquired a majority interest in Micronics Inc., a global provider of aftermarket filtration products and OEM custom filter presses.
  • • Siemens has expanded its dewatering product line with the acquisition of Industrial Process Machinery (IPM), a provider of filter presses for the mining industry for over 20 years.
  • • Cincinnati-based CECO Environmental Corp., acquired Met-Pro Corp. in a deal valued at approximately $210 million.
  • • WesTech Eng. Inc. is reintroducing the Microfloc and General Filter brands to the municipal water treatment market. 
  • • Nederman has strengthened its position in the filtration sector by acquiring Environmental Filtration Technologies (EFT).
  • • Alfa Laval has expanded in wastewater treatment portfolio with the acquisition of belt filter press manufacturer Ashbrook Simon-Hartley. 
  • • Salsnes Filter AS of Namsos, Norway, will join the group of businesses owned by Ontario-based Trojan Technologies.

 Click here for more detailed information on "Liquid Filtration and Media World Market."