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Consolidation trend May 2016 · North America

AAF signals ongoing acquisition strategy to consolidate air filtration market

AAF's CEO stated the Flanders deal was AAF's third acquisition in the last year and explicitly said it won't be the last, framing an active consolidation strategy to become the clear leader in the air filtration industry.

“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.”

Entities

AAF International · Acquirer
HVAC Sentiment: Positive

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