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Consolidation trend May 2016 · North America

AAF International signals serial acquisition strategy to lead air filtration industry

AAF described the Flanders deal as its third acquisition in the past year and stated it will not be its last, framing an explicit consolidation strategy to become the clear leader in the air filtration industry in North America and globally.

“He added, “This acquisition, our third in the last year, represents just another step in our journey to get closer to our customers and to satisfy all of their air filtration needs. Although this is our largest deal by far, it certainly won’t be our last. We are committed to becoming the clear leader in our industry, not just in North America but also globally.””

Entities

AAF International · Acquirer
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Source: www.achrnews.com

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