Donaldson Enters Binding Agreement to Acquire Partmo

July 14, 2015

 

 

Donaldson entered into a binding agreement to acquire Industrias Partmo S.A., a manufacturer of replacement air, lube and fuel filters in Colombia.

Completion of the transaction is subject to customary regulatory approval in Colombia, and it is expected to close during the second quarter of Donaldson's fiscal year 2016.

Once the transaction is complete, Donaldson will report revenue from the acquisition of Partmo in its Engine Products Segment. 

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