Expanding MANN+HUMMEL’s air filtration business in Asia
U-Air joins the MANN+HUMMEL Group as demands for cleaner air solutions rise
Ludwigsburg, 31 October, 2023 – The MANN+HUMMEL Group announces the closing of the acquisition of a majority stake in Suzhou U-Air Environmental Technology (“U-Air”). This strategic move reinforces MANN+HUMMEL's commitment to meeting the rising global demand for cleaner air solutions and strengthens its footprint in the growing Chinese and Southeast Asian air filtration market.
The acquisition of U-Air, one of the largest Chinese filtration manufacturers known for its high-quality air filtration products, marks a significant milestone for MANN+HUMMEL. For one of the leading filtration technology companies, the investment means accelerating its global reach and gaining new opportunities as U-Air is serving diverse markets. The U-Air teams and customers will benefit from MANN+HUMMEL’s global reach and infrastructure as the filtration company already has a very strong presence in the Chinese Automotive sector.
While the acquisition has been completed on October 31st, the public registration in China is still in progress. The U-Air portfolio will complement MANN+HUMMEL’s existing air filtration business within the Life Sciences & Environment unit. MANN+HUMMEL and U-Air are fully committed to ensuring a smooth implementation of this transaction for the benefit of their customers and suppliers.