Donaldson completes acquisition of 49% minority stake in Medica S.p.A.

Aug 12, 2024•about 1 year ago

Acquiring Company

Donaldson

Acquired Company

Medica S.p.A

Bloomington

ModenaManufacturingMedical Device

Description

Donaldson Company, Inc. has completed its previously announced acquisition of a 49% ownership stake in Medica S.p.A. for approximately €62 million. This acquisition supports Donaldson’s strategy of building and expanding the capabilities of its Life Sciences business.

Company Information

Company

Donaldson

Location

Bloomington, Minnesota, United States

About

Donaldson Company helps solve some of the world's most complex filtration and contamination control challenges. As a global leader in the filtration industry, we pride ourselves on our innovative technologies and solutions, backed by a talented and dedicated team of employees. Our filtration technologies and products are used every day in a variety of industries and environments, including aerospace, agriculture, construction, food and beverage, manufacturing, mining, power generation, transportation and many more. Our success comes from our 14,000+ employees, the support our customers receive, and more than 140 manufacturing and distribution centers on six continents.

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