Transaction Expands Micronics’ Dry Filtration Offerings
Portsmouth, NH – December 31, 2014 – Micronics, Inc., a global provider of wet filtration products such as filter cloth, filter plates, spares and OEM custom filter presses, announced today that it has acquired Southern Filter Media, LLC (“Southern Filter”), a leading manufacturer and distributor of dry environmental filtration products for application in various industries. Terms of the transaction were not disclosed.
SFM’s management team will remain in place and continue to oversee the business.
“The management team at Southern Filter Media has built a tremendous company, and we are delighted to welcome them to Micronics,” said Micronics President and Chief Executive Officer Rick Weiler. “This transaction is an important step in our continued efforts to become a leading global engineered filtration company. Southern Filter will enable us to better meet the dry filtration needs of our customers.”
“We could not be more pleased to be joining forces with a company as well regarded as Micronics in this industry,” said Southern Filter Media President, Charlie Poe. “Micronics’ global sales force will be an invaluable part of our continued rapid growth and we look forward to helping Micronics further fulfill the needs of its existing customers through our offerings.”
About Southern Filter Media, LLC
Based in Hixson, Tennessee, Southern Filter Media has been serving the filtration industry since 1973 as a manufacturer of both wet and dry filtration products, including filter cloth, industrial filters and dust bags. Additionally, the company supplies a wide array of services and accessories including timers, leak detection powder, valve repair kits, valves, bag changeout, troubleshooting and system evaluation.
About Micronics, Inc.
Founded in 1983, Micronics is an expert in liquid / solid separation. A worldwide authority on Filter Cloth, critical to optimizing any Filter Press application, Micronics helps customers reduce costs, increase efficiency and extend the life of their filtration equipment. Headquartered in Portsmouth, New Hampshire with operations in the UK, Micronics provides filter presses, standard or custom, and supports them with service, parts, filter cloths, filter plates, and refurbishment at competitive prices. Micronics is a portfolio company of Vance Street Capital, a Los Angeles-based private equity firm. For more information please visit micronicsinc.com/.
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