DONALDSON Co INC acquires Industrias Partmo S.A.
Snapshot
DONALDSON Co INC acquired Industrias Partmo S.A. for $12.1 million total consideration in August 2016. The transaction was structured as all cash. Industrias Partmo S.A. is a Colombia-based Engine Products / Mobile Solutions business.
- Acquirer
- DONALDSON Co INC
- Target
- Industrias Partmo S.A.
- Value
- $12.1 million total consideration
- Date
- August 2016
- Type
- Full acquisition (net assets)
- Status
- Ready
The deal at a glance
DONALDSON Co INC acquired Industrias Partmo S.A. for $12.1 million total consideration, a transaction completed in August 2016, structured as all cash.
Industrias Partmo S.A. operates in Engine Products / Mobile Solutions, is based in Colombia. Partmo is a leading manufacturer of replacement air, lube and fuel filters in Colombia for medium and heavy duty engines. Donaldson acquired the net assets of the business.
Extends Donaldson's replacement-filter manufacturing and aftermarket position in the Colombian / Latin American market.
Engine Products / Mobile Solutions segment
No advisory firms have been disclosed for this transaction.