Business News

MAHLE Acquires Amafilter Group Holding BV

SOURCE:

MAHLE GmbH

2008-08-01 05:00:00

MAHLE Acquires Amafilter Group Holding BV

STUTTGART, GERMANY–(EMWNews – August 1, 2008) – On July 24, 2008, the business division

Industrial Filtration of MAHLE Filtersysteme GmbH signed an agreement

concerning the acquisition of Amafilter Group Holding BV, headquartered in

Alkmaar, Netherlands.

The Amafilter Group employs approximately 450 employees and is expecting an

estimated sales volume of 80 million Euros in 2008. MAHLE Filtersysteme

will take over 100 percent of the shares and integrate the company into the

MAHLE Group expectedly as of September 1, 2008. The acquisition is still

subject to approval by the antitrust authorities. The company produces

integrated filtration solutions for the process technology.

Amafilter Group possesses production locations in the Netherlands, England,

France, Italy, and the USA and optimally complements the existing

production locations of the business division MAHLE Industrial Filtration.

Also, regarding the product portfolio and the customer structure, it

perfectly fits into the existing business division. In the coming years,

MAHLE plans to achieve a significant growth in sales by using the new

potentials mainly in the growth markets food, energy technology, oil and

gas as well as in the chemical industry.

Ulrich Eich, General Manager of the business division MAHLE Industrial

Filtration, says: “Together with the Amafilter Group, we will in the future

have a unique spectrum of systems solutions available regarding filtration

and separation. It will be complemented by our comprehensive program of

complete filters, filter elements, spare parts and services. We will be

able to offer our customers superior technical integrated solutions,

tailor-made for each application. In the coming years, we thus want to

continually enhance our worldwide market and sales shares.

The MAHLE Group is one of the 30 largest companies in the automotive supply

industry worldwide. As a leading manufacturer of components and systems for

the combustion engine and related products, MAHLE ranks among the top 3

systems suppliers for piston systems, cylinder components, valve train

systems, air management systems, and liquid management systems. MAHLE

employs around 48,000 people at 110 production plants and eight research

and development centers. In 2007, MAHLE achieved sales of over EUR 5

billion (USD 7.5 billion).

Further queries:
MAHLE GmbH
Birgit Albrecht
Corporate Communications/Public Relations
Pragstrasse 26-46
D-70376 Stuttgart
Germany
Phone: +49 (0) 711/501-12506
Fax: +49 (0) 711/501-13700
[email protected]

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