Announced
Completed
Financials
Tags
Diversified Industrials
Acquisition
filters
Single Bidder
United Kingdom
Majority
Cross Border
Private
Private Equity
Friendly
Completed
Synopsis
Centaury Management, the investment office of the Markus family, completed the acquisition of the filters business of Essentra, a global provider of essential components and solutions, for £262m. "The strategic review of Filters was launched in October 2021 and has built on the significant progress the division has made since 2017 when announcing its strategy for future growth. The business is delivering on all of the strategic "game changers" and has attractive long-term growth prospects. I am confident that Filters will continue to make excellent progress under its new ownership," Paul Forman, Essentra CEO.
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