Stuttgart – The MAHLE Group sells its industrial filtration activities to the filtration specialist Filtration Group Corporation, headquartered in Chicago/USA. Both parties have agreed not to disclose the purchase price for the transaction, which is subject to approval by the antitrust authorities. Overall, the MAHLE industrial...
Chicago, IL – Madison Industries is pleased to announce that Filtration Group has been named a 2016 Fast Fifty Company by Crain’s Chicago Business. The Fast Fifty list highlights the fastest growing public and private companies in the Chicago area based on five-year revenue growth. Filtration Group ranked...
AB SKF (“SKF”) has sold Purafil, Inc. (“Purafil”) and Kaydon Custom Filtration Corporation (“Kaydon Custom Filtration”) to Filtration Group Corporation (“Filtration Group”), an affiliate of Madison Industries (“Madison”). The total consideration for Purafil and Kaydon Custom Filtration is a fixed payment of $90 million and...
Gothenburg, Sweden – SKF has completed the divestment of two filtration businesses, Purafil and Kaydon Custom Filtration, to Filtration Group Corporation, an affiliate of Madison Industries. Both Purafil and Kaydon Custom Filtration joined the SKF Group as part of the acquisition of Kaydon Corporation in...
Dell’s president is leaving, the first senior executive to depart since the company changed ownership last month. Steve Felice, a 14-year veteran who was also Dell’s chief commercial officer, is the new chief executive at Filtration Group Corp., a Chicago maker of industrial equipment. Felice has been...
CHICAGO, Ill., – Filtration Group Corporation, a portfolio company of Madison Capital Partners, announced today that Stephen J. Felice has been appointed President and Chief Executive Officer effective January 6, 2014. Mr. Felice, 56, is currently President and Chief Commercial Officer of Dell, a leading...
CHICAGO, IL – Filtration Group, a leader in filtration products worldwide, is pleased to announce the acquisition of Universal Air Filter (UAF). Based just outside of St. Louis, UAF has an industry leading reputation as a nimble, customer-driven filtration solutions provider. UAF’s specialty air filtration products...
Madison Capital Partners, a Chicago based investment firm, today announced its investment in Global Filter. Global Filter has a world-renowned reputation as a nimble, customer-driven filtration solutions provider. With the backing of a strong financial partner, Global Filter will continue to build on its industry-leading responsiveness...
