Filtration Group Expands Customer Base and Product Portfolio With Acquisition of Essentra's Porous Technologies Business
Austin, TX, August 25, 2016 (Newswire.com) - Filtration Group has agreed to acquire the Porous Technologies business of Essentra plc. This move significantly broadens the company’s customer base and product portfolio.
“The addition of the Essentra Porous Technologies business increases our capabilities for our customers,” said Steve Felice, Filtration Group CEO. “This acquisition furthers our mission of becoming an innovative global filtration solution provider.”
Essentra Porous Technologies’ products support essential bio medical procedures such as disease detection and prevention, laboratory testing and genetic analysis. Its innovations are found in a wide range of products from electronics to household applications.
Colin Day, Essentra plc Chief Executive, said, “As a developer and manufacturer of custom vapour- and fluid-handling components, Porous Technologies will add greatly to Filtration Group’s technology portfolio.”
The acquisition broadens Filtration Group’s global presence by adding operations in the US, Asia and Europe.
Filtration Group, an affiliate of Madison Industries, is making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. With a passionate team, global footprint and leading technology, Filtration Group is driving innovation and developing unparalleled filtration solutions. Filtration Group serves a highly diverse set of customers with offerings that span life science, process technologies, fluid and environmental air applications. One of the fastest growing companies in the industry, Filtration Group serves its customers from 80 facilities in over 20 countries. Please visit Filtration Group and Madison Industries at: www.filtrationgroup.com and www.madison.net.
Source: Filtration Group