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Mann + Hummel Divests Plastic Products Business

Deal will narrow group's focus on filtration and separation

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By: Karen McIntyre

Editor, Nonwovens Industry

Mann + Hummel has sold its global high-perforamcne plastics parts business to Mutares, narrowing its focuso n its filtration and separations business. The deal includes sites in Germany and France and affects 1500 employees. 

“To further strengthen our commitment towards our vision of Leadership in Filtration and our mission of separating the useful from the harmful, Mann+Hummel has decided to exit the segment,” said Kurk Wilks, president and CEO of the Mann+Hummel Group. “With an absolute focus on filtration and separation solutions in the areas of Transportation and Life Sciences & Environment, we are confident that with this change, we can speed up and further solidify our transformation strategy.


“Our outstanding teams supporting the high-performance plastic parts have established a strong foundation – the business is well positioned in the global market. We are convinced that they will strongly benefit from Mutares’ track record of driving operational performance and adding long-term product capabilities.”


The acquisition of the Mann+Hummel business is Mutares’ sixth purchase of 2022 and is expected to strengthen the company’s Automotive & Mobility segment. The company, headquartered in Munich, Germany, also owns LMS, a supplier of plastic exterior components for automotive applications.

 

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