09.27.22
Following the acquisitions of Nordic Air Filtration (2016), Delbag (2018) and the hydraulic filtration business of Bosch Rexroth (2021), Hengst Filtration continues to focus on growth and the expansion of business activities in the field of filtration solutions for industrial and indoor air applications with the acquisition of The Linter Group.
The Linter Group has been supplying the South American market with filtration solutions for keeping indoor air clean and improving water quality since 1995 with around 100 employees. The products can be found in the food industry, in laboratory and pharmaceutical facilities or in commercial air conditioning and ventilation technology.
"With this acquisition, we not only underline our claim to leadership in industrial filtration, but can also further expand and strengthen our vision 'purifying our planet' in the South American market with the filter applications of the Linter Group," says Christopher Heine, CEO Hengst SE. "We have been operating in Brazil for over 20 years with a sales office in São Paulo and a production site in Joinville and are further expanding our presence in this growth market with the acquisition of the Linter Group. Linter has impressed us with its strong growth in recent years and we are pleased to be able to acquire one of the three leading companies in the field of industrial air filtration in Brazil for the Hengst Group."
The entire transaction is expected to close in the fourth quarter 2022. The owners will remain with the company even after the sale and will closely accompany the integration into the Hengst Group.
In the future, more than 3,600 employees at 22 locations on five continents will work for the Hengst Group. In the past year, a total turnover of €585 million was generated. Despite the current tense global economic situation, the filtration specialist from Münster is optimistic about the current financial year and expects sales of well over €600 million for 2022.
The Linter Group has been supplying the South American market with filtration solutions for keeping indoor air clean and improving water quality since 1995 with around 100 employees. The products can be found in the food industry, in laboratory and pharmaceutical facilities or in commercial air conditioning and ventilation technology.
"With this acquisition, we not only underline our claim to leadership in industrial filtration, but can also further expand and strengthen our vision 'purifying our planet' in the South American market with the filter applications of the Linter Group," says Christopher Heine, CEO Hengst SE. "We have been operating in Brazil for over 20 years with a sales office in São Paulo and a production site in Joinville and are further expanding our presence in this growth market with the acquisition of the Linter Group. Linter has impressed us with its strong growth in recent years and we are pleased to be able to acquire one of the three leading companies in the field of industrial air filtration in Brazil for the Hengst Group."
The entire transaction is expected to close in the fourth quarter 2022. The owners will remain with the company even after the sale and will closely accompany the integration into the Hengst Group.
In the future, more than 3,600 employees at 22 locations on five continents will work for the Hengst Group. In the past year, a total turnover of €585 million was generated. Despite the current tense global economic situation, the filtration specialist from Münster is optimistic about the current financial year and expects sales of well over €600 million for 2022.