In the latest major take over move featuring leading global automotive component suppliers, the MANN+HUMMEL Group, has announced that it has entered into a definitive agreement to acquire the global filtration operations of the Affinia Group, the manufacturer of the Wix and Filtron brand of filters.

The transaction is subject to customary regulatory approvals and excludes Affinia’s South America operations. MANN says the two businesses will continue to operate separately for the foreseeable future.

MANN+HUMMEL is a global filtration expert offering filtration solutions to original equipment and aftermarket customers in both the automotive and industrial sectors, while Affinia’s filtration business specialises in aftermarket oil, fuel, air, hydraulic, and coolant filters. As such the two groups are seen to have highly complementary competencies and customer relationships. MANN say the two companies will bring together the best of on and off road and industrial filtration solutions. The acquisition will also give MANN+HUMMEL access to market segments such as US heavy duty and hydraulic filtration.

Alfred Weber, President and Chief Executive Officer of MANN+HUMMEL commented, “This acquisition fits perfectly with our corporate strategy. It will enable us to grow globally and provide ample opportunity for growth and development for all of our people. MANN+HUMMEL and Affinia’s filtration business will serve customers better through a seamless, comprehensive portfolio ranging from passenger to heavy duty and industrial to hydraulic filtration solutions thanks to a combined 150 years of filtration expertise. We look forward to working with the current management and people of Affinia, who have done a tremendous job over the past years.”