Donaldson Company, Inc., a leader in the global industrial air filtration market through its Donaldson Torit business, has acquired a majority stake in IFIL USA, LLC, manufacturer of pleated bag filters for industrial dust collection.
The agreement with IFIL USA is expected to contribute approximately $ 6 million to $ 8 million of revenue to Donaldson’s fiscal 2016 results, according to a company release.
Tod Carpenter, Donaldson’s president and CEO said, “IFIL USA is a great addition to Donaldson’s industrial air filtration business. IFIL USA’s industry-leading technology gives Customers significant advantages compared to traditional filter bags, including longer filter life, faster filter changes and reduced air emissions. We look forward to continuing IFIL USA’s strong growth as a part of the Donaldson Team.”
Founded in 2009 and based in Harrisonville, Missouri, IFIL USA’s innovative products are sold to a wide range of industries, including primary metals, grain, food, mining, minerals, and pharmaceuticals.
Donaldson’s innovative filtration technologies improve people’s lives, enhance customers’ equipment performance, and protect the environment. (GK)