MANN+HUMMEL Takes Over Purolator Filters Joint Venture from Bosch
The MANN+HUMMEL Group (www.mann-hummel.com), based in Ludwigsburg, Germany, has taken over Purolator filters LLC, previously a joint venture between Bosch and MANN+HUMMEL, following the approval of antitrust authorities.
The business will continue to be based in Fayetteville, N.C., but will be re-named to MANN+HUMMEL Purolator Filters LLC. The terms of the deal have not been disclosed.
Alfred Weber, President and CEO of MANN+HUMMEL, said: “For our customers, Purolator will continue to be a trusted partner. We are committed to strengthening the Purolator brand and are providing new opportunities to the people of Purolator, who we warmly welcome to the MANN+HUMMEL family today.”
MANN+HUMMEL is incorporated in Germany, and has a global presence with more than 50 locations. The independent market research institute Freedonia confirmed MANN+HUMMEL’s leadership in filtration in 2012. The latest study, which covers the total market for filtration applications worldwide, places the filter expert MANN+HUMMEL in the top position. With the acquisition of all of the Purolator shares, MANN+HUMMEL will further strengthen its OE and aftermarket business in NAFTA, as well as its global filter business.
With a comprehensive and diversified portfolio of complementary products, MANN+HUMMEL Purolator Filters LLC is well positioned to address the automotive filtration sector with its strong and well-established Purolator and MANN-FILTER brands, the company said.
With five locations in NAFTA, MANN+HUMMEL employs close to 2,000 people in the region and has built relationships with customers ranging from vehicle and industrial equipment manufacturers to the aftermarket, distributors, and retailers. The MANN+HUMMEL filter business has grown substantially over the last years and will be further strengthened by the integration of Purolator, the company added.
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