MANN+HUMMEL Completes Acquisition of Affinia Group
Ludwigsburg (Germany), May 4, 2016 – MANN+HUMMEL today 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, familiar from the brands WIX and FILTRON, 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 US. 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.
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Alfred Weber, President and CEO of the MANN+HUMMEL Group (left) with Keith Wilson, CEO and President of the Affinia Group (Download JPG)
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The MANN+HUMMEL Group is a leading global expert for filtration solutions and development partner and original equipment supplier to the international automotive and mechanical engineering industries. In 2015, a workforce of over 16,000 employees at more than 60 locations worldwide generated sales of approx. 3 billion euros (preliminary figures). The acquisition of the Affinia Group involves the addition of around 4,500 employees, some 10 locations and approx. 900 million euros in sales. The group’s product portfolio includes air filter systems, intake manifold systems, liquid filter systems, cabin filters and technical plastic parts, as well as filter elements for vehicle servicing and repair. For mechanical engineering, process engineering and other industrial applications, the company’s product range encompasses industrial filters, a series of products to reduce carbon emission levels in diesel engines, membrane filters for water filtration and filter systems.