Atmus Filtration Technologies Inc. completed the acquisition of Koch Filter Corporation from Air Distribution Technologies, Inc.
The acquisition establishes Atmus' industrial air filtration platform and expands its portfolio into high-growth end-markets.
The transaction was funded through a combination of cash on hand and borrowings under the Company's credit facility.
Acquisition Details
Atmus acquired Koch Filter Corporation from ADTi for approximately $450 million in cash.
Strategic Expansion
The acquisition expands Atmus' portfolio into industrial filtration markets, including commercial and industrial HVAC, data centers, and power generation markets.
Financial Impact
The transaction is expected to be accretive to Atmus' Adjusted EPS and Adjusted EBITDA margin in 2026, with a high-single-digit ROIC projected by 2028.
- The completion of the acquisition establishes Atmus as a global leader in filtration and media solutions.
- Atmus' new Industrial Solutions segment, led by Rakesh Gangwani, will incorporate the acquired Koch Filter business.
- The amended credit facility provides Atmus with a five-year $1.5 billion financing structure to support its growth strategy.
The acquisition of Koch Filter Corporation marks a strategic move for Atmus Filtration Technologies Inc., positioning the company for growth in industrial filtration markets.