MANN+HUMMEL Completes Acquisition of Affinia Group
MANN+HUMMEL 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.