The acquisition process was completed by October 31, 2018
Münster,Following the binding agreement to acquire the DELBAG corporation from the FläktGroup in August of 2018, the parties involved were able to seal the transfer of title proceedings after completing an exceedingly swift closing process on 10/31/2018.
Post-merger integration activities are already underway, and Hengst is thrilled to welcome the new employees as the latest members of the company family.
Founded in 1909 under the name of "Deutsche Luftfilter-Baugesellschaft", the DELBAG corporation has evolved into one of the oldest air filtration businesses and one of the most recognizable brands in this industry. DELBAG is headquartered in Herne (Westphalia). DELBAG employs a staff of nearly 150 in Germany, France, the Czech Republic, Poland, and Austria. In 2017, the company generated sales amounting to 30 million euros.
"To us, adding the high-efficiency filtrations solutions made by DELBAG is the logical next step in expanding our activities in the air filtration business", explains Christopher Heine, CEO of Hengst SE. "We are exhilarated that this acquisition lets us fortify the market position Hengst holds as the leading supplier of filtration solutions and welcome our new co-workers to the Hengst family with open arms".