Germany's Mann+Hummel unveils strategic investment in M-Filter group

While the brand Filterpak will complement Mann+Hummel’s existing portfolios in commercial and residential HVAC, M-Filter will stand for a strong input in the OEM products for industrial and engine filtration, the company said in a press release.

“Joining forces with M-Filter will allow us to strengthen our European footprint and unlock growth opportunities in Scandinavia and the Baltic states", Kurk Wilks, CEO and president of the Mann+Hummel, said.

“The majority growth investment by Mann+Hummel will be used to further product development and will enable us to invest in sales and operational capabilities. The M-Filter Group has been able to grow the company organically and inorganically over the past years, and we’re looking forward to working closely with the Mann+Hummel teams to serve our customers in the region,” Kai Liesmaa, CEO of M-Filter, said.

Fibre2Fashion News Desk (GK)