MANN+HUMMEL to acquire Affinia Group

Definitive agreement will add around US $1bn to MANN+HUMMEL's top line

MANN+HUMMEL to acquire Affinia Group
Alfred Weber, President and Chief Executive Officer of MANN+HUMMEL.

Global filter manufacturer, MANN+HUMMEL has announced a deal which will see the company acquire the filtration business operations of Affinia Group, the manufacturer of the WIX and FILTRON brand of filters.

The deal is subject to customary regulatory approvals and the businesses will continue to operate separately for the foreseeable future, it has been announced.

Alfred Weber, President and Chief Executive Officer of MANN+HUMMEL, said: “This acquisition fits perfectly with our corporate strategy.

“It will enable us to grow globally and provide ample opportunity for growth and development for all of our people.

“MANN+HUMMEL and Affinia’s filtration business will serve customers better through a seamless, comprehensive portfolio ranging from passenger to heavy duty and industrial to hydraulic filtration solutions thanks to a combined 150 years of filtration expertise.

“For all these reasons, I firmly believe that this is the right deal, with the right logic, at the right time.”

The acquisition will exclude Affinia South America operations, full terms of the deal have not been disclosed.

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