Liquid Filtration, Media Market Experiences Merger Activity
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.
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