Donaldson Co Inc has entered into a definitive agreement to sell Ultratroc GmbH, a manufacturer of compressed air dryers based in Flensburg, Germany, to IJW Anlagenbau GmbH. Jan Weiner, who was the Ultratroc plant manager until 2010, is a co-owner of IJW. Donaldson says that Weiner, who has many years of experience in the dryer business, will help ensure a smooth transition for Ultratroc's current customers, suppliers, employees and the local Flensburg community. Under the terms of the agreement, Donaldson will continue selling Ultratroc's compressed air dryers and will retain the naming rights to the Donaldson Ultrafilter and Ultrafilter brand names.
Source:
http://www.filtsep.com/view/34155/donaldson-sells-ultratroc-air-dryer-business/
