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Donaldson Company to acquire Facet for $820 million

PUBLIC · DCIFeb 26, 2026

Acquiring Company

Donaldson Company

Acquired Company

Facet

BloomingtonOaklandManufacturingReal EstateReal Estate InvestmentHospitalityProperty ManagementCommercial Real EstateSoftwareData And Analytics

Description

Donaldson Company, Inc. announced the acquisition of Facet in an all-cash transaction valued at approximately $820 million. This acquisition aims to strengthen Donaldson's core product portfolio with fuel and fluid filtration capabilities. The deal is expected to close during the second half of fiscal year 2026. The acquisition aligns with Donaldson's strategy to invest in sustainable growth and improve its offerings in key markets.

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Company Information

Company

Donaldson Company

Location

1400 W. 94th St.

Bloomington, Minnesota, United States

About

Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Our diverse, skilled employees at over 140 locations on six continents partner with customers—from small business owners to the world’s biggest OEM brands—to solve complex filtration challenges. Discover how Donaldson is Advancing Filtration for a Cleaner World at www.Donaldson.com.

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Frequently asked

Who acquired Facet?

Facet was acquired by Donaldson Company, based in Bloomington. The deal was reported on February 26, 2026. Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Donaldson Company is publicly traded (DCI) and operates in Manufacturing.

When did Donaldson Company acquire Facet?

Donaldson Company's acquisition of Facet was reported on February 26, 2026. Donaldson Company, Inc. announced the acquisition of Facet in an all-cash transaction valued at approximately $820 million. This acquisition aims to strengthen Donaldson's core product portfolio with fuel and fluid filtration capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Facet do?

In a nutshell, the company has created an AI-powered photo editing tool that can be accessed using APIs. It is privately held, operating in Software, and is based in Oakland.

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