Filtration Group to sell Facet, its aviation fuel filtration business, to Donaldson, a global leader in technology‑led filtration products and solutions

Monday, February 2, 2026 (Chicago, Ill.) — Filtration Group is pleased to share that it has entered into a definitive agreement to sell Facet, a long‑standing innovator in aviation fuel filtration, to Donaldson Company, Inc. (NYSE: DCI), a global leader in technology‑led filtration products and solutions. The agreement values Facet at $820 million.

Facet has built a strong reputation for innovation in fuel and fluid filtration. Donaldson shares Facet’s deep commitment to engineering excellence, operational reliability and customer‑first innovation, making them an exceptional home for the business.

As part of Donaldson, Facet will gain access to expanded resources, global reach and increased investment that will accelerate opportunities to advance product performance, broaden customer partnerships and fuel the next chapter of growth.

“Facet’s growth over the past several years has been truly remarkable, and we are thrilled to have found the perfect home for Facet’s customers and team members,” said Larry Gies, Founder and CEO of Madison Industries. “Donaldson’s technical expertise, global infrastructure and commitment to customer innovation will allow Facet to unlock the next chapter of their journey as a global innovator in high‑performance fuel filtration.”

“This agreement brings together two businesses with incredible legacies in filtration that will be stronger together than they were individually – our customers and employees will benefit tremendously,” added Jon Pratt, President and CEO of Filtration Group.

The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close in 2026.

For more information about the sale, please refer to Donaldson’s press release.