Parker Divests Facet Filtration Biz

Parker Hannifin Corp. has completed a transaction to divest its global Facet filtration business to the Filtration Group Corp., Joliet, Ill.   The Facet filtration business includes part of Parker’s U.S. qualified aviation ground fuel filtration business acquired in the Clarcor merger, plus filtration products and technologies for other aviation fuel, marine, environmental and general applications.

The divestiture includes the global Facet filtration business locations in Stilwell and Tulsa, Okla; Paris, France; La Coruña, Spain; Torino, Italy; Pontypridd, UK; and Almere, the Netherlands; as well as an aviation fuel filtration testing lab in Greensboro, NC. The global Facet filtration business has annual revenues of approximately $60 million and approximately 260 team members. 

The Filtration Group is a provider of filtration solutions that includes life science, process technologies, fluid and indoor air quality applications.  The company recently expanded its industrial business with the acquisition of the Mahle Industrial Filtration group. 

Parker said it will retain the rest of the Clarcor businesses and will continue to own the aviation ground fuel filtration business marketed under the Parker Velcon brand name.  Terms of the transaction were not disclosed.

Parker had previously agreed to divest the global Facet filtration business under the Proposed Final Judgment filed by the U.S. Department of Justice (DOJ) in the U.S. District Court for the District of Delaware on December 18, 2017.  

Related Articles

Another Daimler Diesel Emissions Recall
Deutz Buys Battery Company
PSI Launching Certified Weichai Diesels in North America
A Waiver From Tier 4 Emissions
Sullair Expanding in Michigan City
JCB’s German Expansion
Diesel Progress Award winners announced in Louisville
Summit Opens With Strong Cat Message

Latest News

Briggs & Stratton Goes Into The Battery Business
Hybrid Taxi Boat
Another Daimler Diesel Emissions Recall
New CEO For Poclain
Adams To Lead Cummins Fuel Cell Business
First MAN Gas Generator Set Engine
Agritechnica: Liebherr Shows New Electronics
MAN 16.2-L Engine At Agritechnica
Wacker Neuson Sells Trowels To Husqvarna

Magazine Issue Archive

Diesel Progress – October 2019
JCB’s German Expansion
Diesel Progress Award winners announced in Louisville
Diesel Progress International – September – October 2019
Diesel Progress – September 2019
Diesel Progress – August 2019
Diesel Progress International – July – August 2019
Diesel Progress – July 2019
Diesel Progress – June 2019
Diesel Progress International May-June 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.