Nederman Expands Industrial Air Filtration Portfolio by Acquiring US Group EFT

Sweden's Nederman is expanding its industrial air filtration portfolio by acquiring the US group Environmental Filtration Technologies (EFT). Headquartered in Charlotte, North Carolina, Environmental Filtration Technologies includes the MikroPul, Menardi, Filtrex, LCI and Pneumafil brands. Environmental Filtration Technologies had sales of SEK834 million in 2011 and 385 employees. While the majority of Environmental Filtration Technologies’ sales are in North America, the group also has subsidiaries in Australia, Germany and France. “The acquisition of EFT will provide Nederman with a strong foothold on the important North American market and will also strengthen us in other important markets, such as Australia. EFT’s solutions and knowhow within business segments in the base industry (ie mining, chemical and steel industries) complement Nederman’s and further strengthen our world-leading position in industrial air filtration, ” said Nederman CEO Sven Kristensson. Source: filtsep