Freudenberg Filtration Technologies in India acquires Pyramid Filters
Expands product portfolio for cleanroom applications
Freudenberg Filtration Technologies India has agreed to buy Pyramid Filters for an undisclosed sum. The deal will be completed by 1 April and adds new products to Freudenberg’s portfolio.
Pyramid Filters develops and produces air filter elements and systems for cleanroom applications in the pharmaceutical, medical, food and chemical industries.
Andreas Kreuter, managing director of the Freudenberg Filtration Technologies Group headquartered in Weinheim, Germany, said Pyramid Filters enjoys an ‘excellent reputation in India’ thanks to its HEPA filter range and 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,’ he said.
Freudenberg Filtration Technologies India, based in Pune, provides industrial and automotive filter elements and systems, as well as patented systems that enhance the capacity and efficiency of gas turbines and compressors.
Kirti Kelkar, founder and director of Pyramid Filters India, said customers would benefit from Freudenberg Filtration Technologies’ expertise in application engineering and its position as one of the global technological leaders in filtration.
Along with Freudenberg’s regional business director Gnanasekharan Ramesh and managing director Rakesh Nathwani, Kelkar will join the management team of Freudenberg Filtration Technologies India,and will continue to be responsible for the Cleanroom Division.