Donaldson Company, Inc.

Company Profile

■URL

https://www.donaldson.com/en-us/

■Address

1400 West 94th Street, Minneapolis, MN 55431 USA

Business Overview

-A manufacturer of filtration systems and replacement parts.

-The Company has two operational segments: Engine Products and Industrial Products.

-The Engine Products segment manufactures air and liquid filtration systems as well as exhaust and emission systems for trucks and buses among other markets.

Shareholders

-Listed on New York Stock Exchange.

Products

Engine filters
-Air filters
-Oil filters
-Fuel filters
-Coolant filters
-Lube filters
-Crankcase filters
-Elbows
-Pre-cleaners
-Moisture skimmers
-Indicators
-Inlet hoods/Air rams
-Vacuator valves
-Transmission filters
-Advanced filtration media technology

Other filters
-Cabin air filters
-Exhaust systems
-Filters for compressed air systems
-Air/oil separators

Vents
-Protective vents
-Non-adhesive vents
-Screw vents
-Snap-fit vents
-Acoustic vents
-Vent assemblies
-Powertrain vents

Emission control systems
-Substrates
-Catalysts

History

Dec. 2015 Opened new facilities in Colombia and Poland.

Supplemental Information 1

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 percent 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 percent 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 percent 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 percent 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.

 

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.