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Freudenberg Filtration acquires local company

Em News Bureau ,  Monday, May 21, 2012, 16:38 Hrs  [IST]

Freudenberg Filtration Technologies India Pvt Ltd has signed an agreement to acquire the business of Pune-based Pyramid Filters Pvt Ltd, with effect from 1st April, 2012.

Freudenberg Filtration Technologies India, also based in Pune, provides high-efficient industrial and automotive filter elements and systems, as well as globally patented system solutions for capacity and efficiency enhancement in gas turbines and compressors. Pyramid Filters develops and produces air filter elements and systems for clean room applications in the pharmaceutical, medical, food and chemical industries.

Dr. Andreas Kreuter, Managing Director of the global Freudenberg Filtration Technologies Group explains: "Founded in 1998, Pyramid Filters enjoys an excellent reputation in India, thanks to a comprehensive HEPA filter range and renowned services. Based on Pyramid's strong market position, we will be able to add new products to our already broad portfolio and offer our customers further services."

Dr. Kirti Kelkar, Founder and Director of Pyramid Filters India Pvt. Ltd., commented: "We are glad to have found in Freudenberg Filtration Technologies a partner with whom we can jointly develop world class cleanroom filtration solutions. Our existing customers will benefit from Freudenberg Filtration Technologies' expertise in application engineering and their position as one of the global technological leaders in filtration."

Headquartered in Weinheim, Germany, Freudenberg Filtration Technologies has around 1,300 employees at more than 30 locations around the world. The company develops, manufactures and markets a comprehensive filter program and filtration services.
 
                 
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