Clear Edge sold to Filtration Group Corp.
Gamma Holding N.V. announces the sale of Clear Edge Business Unit to Filtration Group Corporation for an undisclosed sum.
Clear Edge Filtration, headquartered in Tulsa, Oklahoma USA, is a global leader in industrial process filtration products with major focus in the mining, minerals processing, bulk and fine chemicals, food and beverage and waste water treatment markets. Filtration Group Corporation headquartered in Chicago, Illinois USA is one of the fastest growing filtration companies in the world. With the addition of Clear Edge, Filtration Group will have over 10 companies in three divisions all focused on filtration products and processes.
Jan Albers, CEO of Gamma Holding, commented “Clear Edge has come a long way implementing its business strategy over the last couple of years. It is now recognized as a global leader in its products and markets. We are pleased that the company is being acquired by Filtration Group, a pure play industrial filtration company, committed to growing the Clear Edge business and to providing exciting new opportunities to its stakeholders.”
Rick Von Drehle, CEO of Clear Edge stated, “We are delighted to have been acquired by Filtration Group. We look forward to working with the management team and other businesses of Filtration Group to build a truly unique filtration company. We also want to thank Gamma Holding and our departing shareholders Gilde Buy Out Partners and Parcom Capital for the support they have provided to us over the last two years as under their stewardship we have been able to aggressively grow our business.”
Gamma Holding N.V. is a portfolio company of Parcom Capital.
For further information please contact:
Gamma Holding N.V.
Telephone: +31 6 4579 0920