Donaldson Company, Inc.
Company Profile
Business Overview
-The Company is a global manufacturer of filtration systems and solutions for a wide range of applications.
-The Company is organized into the three reportable operating segments of Mobile Solutions, Industrial Solutions, and Life Sciences, each with their own business units.
-The Company’s operations related to the automotive industry include portions of the Mobile Solutions segment which manufacture air and liquid filtration systems, venting solutions, and emission control systems for automotive and commercial vehicle applications. The Life Sciences segment also provides products for the automotive industry such as filters, battery vents, powertrain vents, and headlight vents for electric vehicles.
Shareholders
-The Company is listed on the New York Stock Exchange.
Products
Engine filters
-Air filters
-Oil filters
-Fuel filters
-Coolant filters
-Lube filters
-Crankcase filters
-Elbows
-PowerCore air cleaners
-PowerPleat air cleaners
-Large vane pre-cleaners
-Strata Cap pre-cleaners
-TopSpin HD pre-cleaners
-Moisture skimmers
-Filter service indicators
-Coolant filters with additive replenishment technology
-Non-chemical coolant filters
-Coolant assemblies
-Inlet hoods/Air rams
-Vacuator valves
-Transmission filters
-Advanced filtration media technology
Alternative power filtration systems
-Hydrogen gas filters
-Cathode air filters
-Water separators
-ePTFE reinforcement membranes
-Fuel cell vents
-Battery vents
-Humidifiers
-Coolant ion exchangers
Other systems
-Clamps
-Valves
-Hoses
-Tubing
-Mufflers
-Exhaust ejectors
-Spark arrestors
-In-tank hydraulic assemblies
-Bowl and cartridge hydraulic assemblies
-Spin-on hydraulic assemblies
-Hydraulic oil reservoir solutions
-Cabin air filters
-Exhaust systems
-Filters for compressed air systems
-Air/oil separators
Vents
-Non-adhesive vents
-Screw-Fit vents
-Snap-Fit vents
-Press-Fit vents
-Weld-Fit vents
-Acoustic vents
-Vent assemblies
-Powertrain vents
-Dual-stage burst battery vents
-Dual-stage jet battery vents
-ePTFE membrane filtration media
Emission control systems
-Diesel oxidation catalysts
-Diesel particulate filters
-AdBlue/Diesel exhaust fluid mixers
-Selective catalytic reduction
-Downstream mixers
-Axial mixers
-Stand-alone mixers
-Sensors
-Thermal emissions management solutions
-Substrates
History
Dec. 2015 | Opened new facilities in Colombia and Poland. |
Supplemental Information 1
>>>Business Report up until FY ended July 31, 2010
>>>Business Report up until FY ended July 31, 2014
>>> Donaldson investor relations
Note: A figure in brackets ( ) indicates a loss
Supplemental Information 2
M&A
1987 | Acquired the Day Division of Carter Day Co. |
1987 | Acquired Integrated Air Systems, Inc. |
1989 | Closed the operations of Integrated Air Systems. |
Nov. 1991 | Donaldson Europe, N.V., a subsidiary of the Company, acquired all the common stock of Gimetal N.V., a sheet metal vendor located in Gistal, Belgium. |
May 1992 | Donaldson Italia s.r.l acquired all of the common stock of FBO s.r.l., a hydraulic filter manufacturer located in Ostiglia, Italy. |
Sep. 1992 | Acquired Filtrobras-Roma Filtros Automotivos Ltda., a Brazilian liquid filtration manufacturer. |
Dec. 1992 | Acquired ENV Services, Inc., which provides air quality testing and monitoring services for hospitals, universities and industrial facilities. |
Feb. 1993 | Sold Envirco Division, which had been acquired in Dec. 1992, to a private investments group. Terms of the sale were not disclosed |
1994 | Increased its investments in Donaldson Micro Pore Mexico, S.A. de C.V. from 40% to 50%, and obtained a 40% interest in an Australian dust collection distributor. |
1995 | Acquired the remaining 50% of Donaldson Micro Pore Mexico, S.A. de C.V., obtained a 20% interest in an Indonesian filter manufacturer and purchased an additional 9.9% in an Australian dust collection distributor. |
1996 | Acquired all of the common stock of Tecnov S.A., a French manufacturer of heavy duty exhaust mufflers, and the company invested in a Torit Products manufacturer in the People's Republic of China. |
1997 | Acquired the remaining 50.1% of its Australian Torit Products distributor; acquired the exhaust products manufacturing assets of the Kilber Division of N.E.I. in South Africa; and acquired the common stock of Diemo, S.A. de D.V., a supplier of liquid filter components in Mexico. Aggregate consideration for these transactions was USD 3.7 million. |
Apr. 1997 | Acquired the assets of the Armada Tube Group, including Armada Products Co., located in Armada, Michigan, and Lakeside Tube Fabricators, Inc., located in Mooresville, North Carolina, for USD 11.3 million in cash. The Armada Tube Group manufactures exhaust products. |
Jul. 1997 | Acquired the assets of Aercology Incorporated, located in Old Saybrook, Connecticut, for USD 9.8 million in cash. Aercology manufactures industrial air filtration products. |
1998 | Acquired an additional 10% of PT Panata Jaya Mandiri in Jakerta, Indonesia for USD 0.7 million, bringing total ownership in this joint venture to 30 percent. The Company also invested approximately USD 1.6 million for a 50 percent ownership in MSCA, LLC in Monticello, IN. |
1998 | Invested approximately USD 1.6 million for a 50 percent ownership in MSCA, LLC in Monticello, Indiana. |
1999 | Acquired the remaining 49% of D.I. Filter Systems Pvt. Ltd., in New Delhi, India for USD 0.1 million. |
2000 | Acquired all of the outstanding shares of AirMaze Corporation, for USD 31.9 million in cash. |
2000 | Acquired the DCE dust control business of Invensys plc, for USD 56.4 million. |
Jul. 2002 | Acquired Ultrafilter international AG ("Ultrafilter") in Haan, Germany, for USD 68.3 million in cash. |
Nov. 2002 | Finalized the acquisition of the remaining 50% of the Company's joint venture, MSCA, LCC located in Monticello, Indiana for USD 1.7 million in cash. |
May 2003 | Acquired the assets of EPE Industrial Filters, Inc., located in Barrington, Illinois, for USD 0.3 million in cash. |
Aug. 2015 | Acquired 100% of the shares of Engineered Products Company, a designer and manufacturer of indicators, gauges, switches and sensors for engine air filtration and liquid filtration systems. |
Strategic Agreement
Mar. 2001 | The Company announced agreements with Davco Technology, LLC, and Detroit Diesel Corporation to manufacture and distribute a new extended life filter element for use in the Davco 382 Fuel Processor. Using Davco's EleMax filter technology, the Company will manufacture the filter element and Detroit Diesel Corporation will handle initial marketing and distribution. The Davco EleMax filter, available in the second quarter of 2001. About Davco Technology, LLC Davco Technology, LLC, a subsidiary of Penske Transportation Components LLC, is a Michigan-based fuel system manufacturer for heavy-duty truck markets. About Detroit Diesel Corporation Detroit Diesel Corporation, a subsidiary of Daimler Trucks North America LLC, is a Michigan-based automotive diesel engine manufacture, which has a world wide network of more than 2,700 authorized distributor and dealer locations. |
Apr. 2003 | "The Fuel Cell Contamination Control" (FC3) division of Donaldson Company, Inc. announced a formal research partnership with Los Alamos National Laboratory to study the effect of ambient contaminants on the performance, life and durability of proton exchange membrane (PEM) fuel cells. Sponsored in part by the U.S. Department of Energy, the Company is using the research findings of the two-year program in its ongoing development of fuel cell filtration solutions. The Company's filtration expertise will be used in the development of air filtration and acoustics mitigation systems that prolong fuel-cell engine life. Filtration is a critical component in accelerating commercialization of a wide range of fuel cell-powered products, including automobiles, cell phones, laptop computers and power generation products. |
Jul. 2005 | The Company and Hollingsworth & Vose (H&V) announced that they entered into a global patent license agreement covering the Company's Ultra-Web nanofiber media technology for use in pleated on-road filters. According to the Company, H&V's global access to other filter manufacturers, combined with its patents, will accelerate the market acceptance of nanofiber filtration products. The Company has more than 80 issued and pending U.S. and international patents covering its nanofiber technology. |