Donaldson completes acquisition of Partmo Filter Business in Colombia
Donaldson Company, Inc announced that it has completed the previously announced acquisition of certain business assets from Industrias Partmo, S.A. in Bucaramanga, Colombia, through its new wholly owned subsidiary, Filtros Partmo, S.A.S.

?We are excited to complete the Partmo acquisition, and we welcome Partmo?s customers and employees,? said Guillermo Brise?o, Donaldson?s Vice President for Latin America. ?Partmo is a leading brand of replacement filters in Colombia and other countries in Latin America. Their product lines and distribution partners will complement Donaldson?s existing business in the region.?

?The acquisition of Partmo represents another milestone as we continue to make investments throughout Latin America,? said Tod Carpenter, President and Chief Executive Officer.

Partmo has a 54-year tradition of manufacturing and distributing air, lube and fuel filters for medium- and heavy-duty engines. Donaldson expects the acquisition will contribute annual revenue of approximately $14 million to its Engine Products segment.