Mann+Hummel Takes Over Chinese Filter Manufacturer Bengbu Haoye
Mann+Hummel GmbH, Ludwigsburg, Germany, signed an agreement with Bengbu Haoye Filter Co., Ltd to take over 100 % of the filter manufacturer based in the “China Filter City” – Bengbu, Anhui Province. The deal is subject to the approval of the relevant government authorities. Bengbu is about 450 km northwest of Shanghai, where the Chinese headquarter of the German-based Mann+Hummel group is located.
For more than 16 years, Bengbu Haoye has specialized in supplying various types of filters primarily to the automotive aftermarket. In 2011 the company generated a turnover of around EUR 13 million. The filter manufacturer employs more than 500 people in the design, production and sale of filters and filter elements for the aftermarket and local OEMs.
In addition to the new aftermarket portfolio, Mann+Hummel aims to offer from its new production base in Bengbu competitive and market-specified solutions in particular to local OEM customers.
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