The Mann+Hummel Group has invested in M-Filter Group, one of the largest filter manufacturing companies in Northern and Eastern Europe with several production facilities in Finland and Lithuania. Since 1962, the company has specialized in different areas of filtration, including air ventilation filters, HEPA filters and oil/hydraulic filters for engines. 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.
“Joining forces with M-Filter will allow us to strengthen our European footprint and unlock growth opportunities in Scandinavia and the Baltic states," says Kurk Wilks, CEO and president of the Mann+Hummel Group.
“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," says Kai Liesmaa, CEO of M-Filter.
Oy M-Filter Ab, based in Finland, initially focused on automotive filters, but has expanded its focus strongly on HVAC and air filtration in general. In Scandinavia and in the Baltic countries the company has a strong footprint in both OEM as well as in commercial HVAC business. It consists of Oy M-Filter Ab, UAB M-Filter Lithuania, Filterpak Oy, PL-Filter Oy, Filter Partner Oy, Suodatinkeskus Suomi Oy, LM-Filters Oy and M-Filter GmbH. The Group´s pro forma turnover 2022 was €EUR 29 million and it employs 240 people at its five factories.
