Industrial Products

Donaldson Corporation

Provides engine and industrial air, oil and liquid filtration solutions.

Transaction Overview

  • Represented Donaldson Company, Inc. (NYSE: DCI) in its sale of their HEPA and ULPA filter lines to Filtration Group.
  • Donaldson Company, Inc. (NYSE: DCI) is a leading, worldwide manufacturer of air and liquid filtration products and exhaust systems.
  • Filtration Group, Inc., based in Joliet, Illinois, engages in the development and production of filtration products in North America. Filtration Group’s products include GeoPleat filters; Filtrair; HEPA filters used in hospitals, electronics, nuclear, pharmaceuticals, laboratories, aerospace, food processing, and optics; molecular filters used in commercial and industrial applications; housings; cleanroom filters; filters for power systems, including replacement pre-filters, barrier filters, drop safe pockets, pulse cartridges, and the infinidry system; and paint and finishing filters.

Key Observations

  • Although strong in aftermarket sales, FGI benefitted from DCI’s dominant position with OEMs.
Hennepin Partners LLC