Hengst Filtration is acquiring Bosch Rexroth’s hydraulic filtration business.
The acquisition includes the Bosch Rexroth site in Ketsch, Baden-Württemberg, Germany. In addition to the hydraulic filter business, 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.
The purchase agreement was signed on July 16. The transaction is subject to anti-trust approvals and is expected to be finalized in early 2021. The parties have agreed not to disclose the amount of the purchase price. With this acquisition, Hengst further expands its industrial filtration division, which commenced with the take-over of Nordic Air Filtration in 2016 and Delbag in 2018.
Hengst Filtration is an international family-owned-and-operated business in the field of filtration and fluid management. It is headquartered in Münster, Germany, with more than 3,000 employees working at 20 locations around the world. Hydraulic filtration solutions constitute an optimal supplementation of Hengst’s existing portfolio. Hengst has been developing technologically demanding filtration solutions for more than 60 years.
Bosch Rexroth is a leader in industrial and mobile hydraulics, as well as drive and control technology. Since 2008 Bosch Rexroth has been active in the hydraulic filtration business.
For more information, visit www.boschrexroth.com.