Christopher Heine, CEO Hengst; Uwe Thiedemann, Werkleiter Bosch Rexroth filtration Ketsch; Volker Schiek, senior vice president Bosch Rexroth and Volker Plücker, group vice president filtration for industry & environment Hengst Photo: Hengst
Hengst is acquiring the hydraulic filtration business of Bosch Rexroth.
Bosch Rexroth’s hydraulic filter business develops and produces complete filters and filter elements for industrial and mobile hydraulic applications.
The deal includes the site in Ketsch (Baden-Württemberg, Germany) with approximately 190 employees and the worldwide sales activities in more than 30 countries. In addition to the hydraulic filter expertise, more than 40 industrial property rights will also be transferred.
This acquisition is part of Hengst Filtration’s plans to grow and expand its industrial filtration division which started with take-over of Nordic Air Filtration in 2016 and Delbag in 2018.
The purchase agreement was signed on 16 July 2020 and is expected to finalise in early 2021 subject to anti-trust approvals.
Hengst Filtration is a family-owned and operated business headquartered in Münster, Germany with more than 3,000 employees working at 20 locations around the world. Hengst has been developing filtration solutions for more than 60 years and hydraulic filtration solutions will supplement the existing portfolio.