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Nelson Global Products to Purchase Exhaust and Emissions Business from Donaldson to Build Position as Emissions Supplier
Thursday 27 February 2020

27 February 2020 - Wisconsin, US-based auto parts manufacturer Nelson Global Products Inc. has signed a binding offer to purchase the exhaust and emissions business of Minnesota-based Donaldson Company Inc. to strengthen position in emissions systems, the company said.

Terms of the transaction were not disclosed.

The addition of European manufacturing and advanced emissions technology will benefit Nelson's current customers who seek a global emissions partner.

Nelson's complimentary product offerings and global footprint will allow E and E customers to source integrated systems capable of meeting globally cascading and increasingly stringent emissions requirements.

Nelson Global Products, a Wind Point Partners company, designs, manufactures, and markets a range of thermal management, acoustic, air and fluid mechanics, and structural solutions products for OEM and aftermarket use for the global on-highway, off-highway, industrial and powersports markets.

Donaldson's E and E business includes manufacturing facilities in Auburn, Alabama, Domjean, France, and Conde-sur-Noireau, France, and laboratory facilities in Bloomington, Minnesota and Leuven, Belgium.

Wind Point Partners is a Chicago-based private equity investment firm with approximately USD 3bn in assets under management.
Details
Date Published: 27/02/2020
Target: Donaldson Company Inc
Country: USA
Sector: Motor Vehicles
Type: LBO
Financing:
Status: Agreed
Vendor:
Buyer: Nelson Global Products Inc
Comment:
Terms of the deal were not disclosed

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