MANN+HUMMEL Completes Acquisition of Affinia
MANN+HUMMEL today announced that they have finalized their acquisition of the global filtration operations of Affinia Group, manufacturer of the WIX and FILTRON brand of filters.
Ludwigsburg (Germany), May 4, 2016 – MANN+HUMMEL today announced that they have finalized their acquisition of the global filtration operations of Affinia Group, manufacturer of the WIX and FILTRON brand of filters.
“The addition of the WIX and FILTRON brands to MANN+HUMMEL strengthen our global presence with an expanded product portfolio and access to new markets,” said Alfred Weber, President and Chief Executive Officer of MANN+HUMMEL. “Our joint 150 years of experience, complementary competencies, and 20,000 valued employees worldwide ensure that we will continue to grow and serve our customers with the best in filtration solutions.”
The two companies will bring together on- and off-road and industrial filtration solutions. Affinia's filtration business includes familiar brands WIX and FILTRON, and specializes in the oil, fuel, hydraulic and coolant filter aftermarket. MANN+HUMMEL is a privately-held global filtration expert offering filtration solutions to original equipment and aftermarket customers in both the automotive and industrial sectors.
MANN+HUMMEL will lead the Group as a new business unit based in North Carolina in the U.S. Keith Wilson, previously CEO and President of Affinia, will retain his executive function as President and CEO of MANN+HUMMEL Filtration Technology and report to Manfred Wolf, the supervisory board chairman of the acquired company.
The MANN+HUMMEL Group is a leading global expert for filtration solutions and development partner and original equipment supplier to the international automotive and mechanical engineering industries. Employing 16,000 people at more than 60 locations worldwide, the company achieved sales of about 2.8 billion euros in 2014. The group’s product portfolio includes air filter systems, intake manifold systems, liquid filter systems, cabin filters and technical plastic parts, as well as filter elements for vehicle servicing and repair. For mechanical engineering, process engineering and other industrial applications, the company’s product range encompasses industrial filters, a series of products to reduce carbon emission levels in diesel engines, membrane filters for water filtration and filter systems. Further information about MANN+HUMMEL can be found at www.mann-hummel.com