MICRODYN-NADIR becomes 100 per cent MANN+HUMMEL
MANN+HUMMEL Group has increased its stake in MICRODYN-NADIR GmbH from 50 to 100 per cent.
MANN+HUMMEL had already acquired 50 per cent of shares in MICRODYN-NADIR in May 2014. The main goal is to establish MANN+HUMMEL as a major player in the water filtration business. By means of the new structure, both companies are confident that they will be able to react even faster to market requirements. Minimal overlap of product ranges as well as the different geographical market presence result in a perfect complement of the two companies for each other.
MICRODYN-NADIR focuses on the production and distribution of flat sheet membranes and is a leading global supplier of membranes and modules for micro-, ultra- and nanofiltration. MANN+HUMMEL is a global leading expert for filtration solutions as well as development partner and supplier to the international automobile and manufacturing industries. In the water filtration sector, MANN+HUMMEL has been focusing on the production of polymer hollow fibre membranes up to now.
Since August 2014, MICRODYN-NADIR has been responsible for MANN+HUMMEL's water business. MANN+HUMMEL's membrane activities have been marketed under MICRODYN-NADIR's company brand ever since. MICRODYN-NADIR will keep focusing on membranes and modules in the future. The ultrafiltration membranes and modules of MANN+HUMMEL will be marketed and distributed under the product brand AQUADYN®, which is a registered trademark of MICRODYN-NADIR in Europe.
Besides its own production sites in Wiesbaden and Xiamen (China), MICRODYN-NADIR now has another manufacturing base in Singapore and is present with sales offices in Raleigh (USA) and Jundiaí (Brazil).
MICRODYN-NADIR is looking forward to an ongoing successful cooperation with its long-term partner SUNTAR Membrane Technology who has been and will be an important business partner of MICRODYN-NADIR also in the future.
The agreement requires the approval of the cartel authorities.