U.S. private equity firm Aurora Capital Group has completed the sale of Porex Corp. to Filtration Group.
Porex is a 750-employee U.S. business that develops and manufactures porous polymer products, including filters.
William Midgette, president and CEO of Porex, says: “Aurora, and the board it put in place, have been incredible partners during a transformational period of growth for Porex. As a result of Aurora’s investment and support, we have elevated our performance, delivering our technology to world-class customers around the globe with record levels of innovation, speed and quality. Looking ahead, we are excited to partner with Filtration Group as we continue to expand our market-leading capabilities in porous polymer technology.”
Filtration Group, which is owned by Madison Capital Partners, includes AG Industries, Air Flow Technology, Chemco Manufacturing, Clear Edge Filtration, Dafco Filtration Group, Filtrair, Filtran, Filtration Group, Global Filter, Jonell, Universal Air Filter and Waco Filters.