DONALDSON Co INC acquired Pearson Arnold Industrial Services (PAIS) for approximately $3.3 million (net of cash acquired), a transaction completed in November 2021, structured as all cash.
Pearson Arnold Industrial Services (PAIS) operates in Industrial Solutions, is based in Headquartered in the United States. PAIS provides equipment, parts and services for dust, mist and fume collection systems, industrial fans and compressed air systems. Headquartered in the U.S.
Strengthens Donaldson's Industrial Filtration Solutions aftermarket service and equipment offering.
Industrial Filtration Solutions (IFS) business, Industrial Solutions segment
On November 1, 2021, the Company acquired PAIS, headquartered in the U.S., for cash consideration of approximately $3.3 million, net of cash acquired. PAIS provides equipment, parts and services for dust, mist and fume collection systems, industrial fans and compressed air systems.Donaldson FY2022 10-K, Note 2 Acquisitions
Advisory firms were not disclosed for this transaction.