Hengst Filtration Acquires Hydraulic Filtration Business from Bosch Rexroth AG

Through the acquisition Hengst will be able to expand its Industrial Filtration division.

The signing of the purchase contract took place on July 16, 2020. From left to right: Christopher Heine, CEO Hengst; Uwe Thiedemann, Werkleiter Bosch Rexroth Filtration Ketsch; Volker Schiek, Senior Vice President Bosch Rexroth; Volker Plücker, Group Vice President Filtration for Industry & Environment Hengst.
The signing of the purchase contract took place on July 16, 2020. From left to right: Christopher Heine, CEO Hengst; Uwe Thiedemann, Werkleiter Bosch Rexroth Filtration Ketsch; Volker Schiek, Senior Vice President Bosch Rexroth; Volker Plücker, Group Vice President Filtration for Industry & Environment Hengst.

Hengst is about to acquire the hydraulic filtration business of Bosch Rexroth AG. This includes the site in Ketsch (Baden-Württemberg, Germany) with approximately 190 employees and the worldwide sales activities in more than 30 countries. In addition to the hydraulic filter know-how, more than 40 industrial property rights will also be transferred. Bosch Rexroth’s hydraulic filter business develops and produces complete filters and filter elements for industrial and mobile hydraulic applications.

With this additional acquisition, Hengst Filtration is consistently continuing the growth and expansion of the "Industrial Filtration" division, which commenced with the take-over of Nordic Air Filtration (2016) and Delbag (2018).

The purchase agreement was signed on July 16, 2020. The transaction is subject to anti-trust approvals. Consequently, the transaction is expected to be finalized in early 2021. The parties have agreed not to disclose the amount of the purchase price.

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