Announced
Completed
Synopsis
Atmus Filtration Technologies, a global company specializing in filtration and media solutions, completed the acquisition of Koch Filter Corporation, a manufacturer of indoor air filtration solutions, from Air Distribution Technologies, a provider of innovative air distribution and ventilation solutions, for $450m. "With the successful closing of the Koch Filter divestiture, we're excited to focus on ADTi's core business and drive significant organic and inorganic growth. I want to thank the entire Koch Filter team for their partnership during our ownership and Doug Schuster for his leadership through the carve-out from Johnson Controls and his guidance during the transition process. We're pleased to welcome Azam Owaisi as ADTi's new CEO. Azam brings extensive commercial and operational experience, and we look forward to supporting him and the entire ADTi team in their growth and value creation plans," Todd Golditch, Truelink Co-Founder and Managing Partner.
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