Loading...
Loading...
CLARCOR
CLC announced that it has entered into an
agreement to acquire the Air Filtration business of General Electric
Company's Power and Water division for approximately $265 million,
subject to contractually agreed adjustments. With over 700 employees
around the world and trailing twelve month annual revenues of
approximately $230 million, the business is a leading supplier of air
filtration systems and filters used in gas turbine applications, as well
as industrial air filtration products and membranes. Headquartered in
Overland Park, Kansas and with manufacturing operations in Missouri, the
UK and China, the business will continue to supply gas turbine air inlet
filtration systems and filters to GE, which has the world's largest
installed base of natural gas turbines, under a
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in