Pall Corporation, a global leader in filtration, separation and purification, announced Friday that it has signed a definitive agreement to acquire its long-time Brazilian distribution partner, Engefiltro.
 
The acquisition will strengthen Pall’s capabilities to support customers in the fast-growing Latin American market. The transaction is expected to be completed by the end of the month. Terms of the deal were not disclosed.

Headquartered in the state of Sao Paulo, Engefiltro’s customers represent a broad spectrum of the national economy, including the mining, oil and gas, chemical and petrochemical, power generation, food processing, and pharmaceutical industries.

Engefiltro also has sophisticated filtration systems engineering capabilities. This expertise increases Pall’s regional capabilities in the design, construction and servicing of sophisticated fluid management systems for customers in the life sciences and industrial markets throughout Latin America.

Eric Krasnoff, CEO and president, commented that Brazil is already the world’s seventh largest economy and among the fastest growing. Its current size, market diversity and growth plans demand a local Pall presence, said Krasnoff.

Pall Corp. is delighted to welcome Engefiltro's employees to the Pall family and will do everything it can to further enhance their ability to serve customers and grow the business, said Krasnoff.

Felix Diaz, president, Pall Latin America, said, the Engefiltro organization has been very successful positioning Pall technologies, products and services into the Brazilian market for more than 20 years.
 
Engefiltro's sales organization is world-class and their operations and capabilities are highly complementary to Pall's. The combination of the company’s organizations increases its opportunities to deliver even greater value to customers, said Diaz.

Pall Corporation is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry.
 
Pall works with customers to advance health, safety and environmentally responsible technologies. The Company’s engineered products enable process and product innovation and minimize emissions and waste.
Pall Corporation, with total revenues of $2.4 billion for fiscal 2010, is an S&P 500 company with more than 10,000 employees serving customers worldwide.

According to Pall, the global filtration market is being driven by water and energy needs, imperatives for quality and productivity, emerging and mutating pathogens, new biotech drugs and vaccines, high-tech products and processes, increasing regulations, and rising standards of living.

17th July 2011