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March 2017

Filtration Group Corporation has closed its acquisition of Essentra plc’s Porous Technologies business.

AUSTIN, Texas, March 6, 2017 /PRNewswire/ — Filtration Group Corporation is pleased to announce that it has closed its acquisition of the Porous Technologies business of Essentra plc. This move significantly broadens the company’s customer base and product portfolio. “The addition of the Essentra Porous Technologies business increases our capabilities for our customers,” said George Nolen, Filtration Group CEO.  “This acquisition furthers our mission of becoming an innovative global filtration solution …Read More

Suez buys GE Water in $3.37 billion deal, considers capital increase

French waste and water group Suez (SEVI.PA) and Canadian fund Caisse de dépôt et placement du Québec (CDPQ) will buy GE Water from General Electric (GE.N) for an enterprise value of 3.2 billion euros (2.77 billion pounds),Suez said in a statement. In an all-cash deal, Suez and CDPQ will buy 100 percent of GE Water through a 70/30 joint venture, to which Suez will contribute its existing industrial water activities. …Read More