DONALDSON Co INC acquires Hy-Pro Corporation
Snapshot
DONALDSON Co INC acquired Hy-Pro Corporation for $21.9 million total consideration (after a working-capital adjustment) in May 2017. The transaction was structured as all cash. Hy-Pro Corporation is a Manufacturing in Anderson, Indiana and Vancouver, Washington (United States)-based Industrial Solutions business.
- Acquirer
- DONALDSON Co INC
- Target
- Hy-Pro Corporation
- Value
- $21.9 million total consideration (after a working-capital adjustment)
- Date
- May 2017
- Type
- Full acquisition
- Status
- Ready
The deal at a glance
DONALDSON Co INC acquired Hy-Pro Corporation for $21.9 million total consideration (after a working-capital adjustment), a transaction completed in May 2017, structured as all cash.
Hy-Pro Corporation operates in Industrial Solutions, is based in Manufacturing in Anderson, Indiana and Vancouver, Washington (United States). Hy-Pro designs and manufactures filtration systems and replacement filters for stationary hydraulic and industrial lubrication applications, with manufacturing locations in Anderson, Indiana and Vancouver, Washington.
Expands Donaldson's industrial liquid filtration product line for stationary hydraulic and lubrication applications.
Industrial Products / Industrial Solutions segment
No advisory firms have been disclosed for this transaction.