MANN+HUMMEL Agrees to Acquire Tri-Dim Filter Corporation
The MANN+HUMMEL Group announced that they have entered into a definitive agreement under which MANN+HUMMEL will acquire the Tri-Dim Filter Corporation, a USA-based air filtration company. Terms of the deal were not disclosed.
Headquartered in Louisa, Virginia, Tri-Dim is the single largest privately-held air filtration company in North America. With approximately 800 employees, Tri-Dim is a provider of a full-line of HVAC filtration products and services, including air and liquid filtration, heating/air conditioning supplies, cleanroom filtration, air purification equipment, gas phase filtration, and air testing & remediation.
“The acquisition of Tri-Dim demonstrates MANN+HUMMEL’s commitment to growth in the Life Sciences & Environment (LS&E) segment of our business, which specializes in intelligent air and water filtration solutions,” said Håkan Ekberg, group vice president of MANN+HUMMEL’s LS&E business unit. “Tri-Dim’s portfolio, experienced workforce, geographic reach and amazing customer relationships make them the perfect partner in our further expansion strategy into air and water filtration solutions.”
The acquisition of Tri-Dim provides MANN+HUMMEL greater access to the United States and Canadian markets of air filtration and provides extensive growth opportunities. Both companies each have deep historical roots and share strong commitments to technical leadership and customer service.
“MANN+HUMMEL is steadfast in preserving Tri-Dim’s unique business model, which is a testament to their customer-focused philosophy,” said Ekberg. “Tri-Dim’s commitment to the success of their customers fits perfectly into the MANN+HUMMEL valuse system, and we couldn’t be more pleased about our partenership.”
About MANN+HUMMEL MANN+HUMMEL is a leading global expert for filtration solutions. The company group with its headquarters in Ludwigsburg, Germany, develops solutions for motor cars, industrial applications, clean air in interior spaces and the sustainable use of water. In 2017 the group achieved sales of approx. 3.9 billion euros worldwide with more than 20,000 employees at more than 80 locations. The products manufactured by the group include air cleaner systems, intake manifold systems, liquid filter systems, plastic components, filter media, cabin filters, industrial filters and membrane filters.
Further information about MANN+HUMMEL is available at http://www.mann-hummel.com.