Donaldson Buys Majority Stake In IFIL.USA

(RTTNews) - Donaldson Company, Inc. (DCI) said Tuesday that it has acquired a majority stake in IFIL.USA, LLC, a manufacturer of pleated bag filters for industrial dust collection.

The agreement with IFIL USA is expected to contribute about $6 million to $8 million of revenue to Donaldson's fiscal 2016 results.

Founded in 2009 and based in Harrisonville, Missouri, IFIL USA's innovative products are sold to a wide range of industries, including primary metals, grain, food, mining, minerals and pharmaceuticals. IFIL USA's operations, and its approximately 40 employees, will continue to function as an independent company, supplying Customers and distributors with its high quality pleated bag filters.