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Germany’s Mann+Hummel completes WIX acquisition


kscarbel2
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Fleet Owner  /  May 9, 2016

The parent company of WIX Filters and Filtron has been acquired by Mann+Hummel.

Mann+Hummel will lead Affinia Group as a new business unit based in

North Carolina. Keith Wilson, previously CEO and president of Affinia, will retain his executive function as president and CEO of Mann+Hummel Filtration Technology and report to Manfred Wolf, the supervisory board chairman of the acquired company, the firm said.

“The addition of the Wix and Filtron brands to Mann+Hummel strengthen our global presence with an expanded product portfolio and access to new markets,” said Alfred Weber, president and CEO. “Our joint 150 years of experience, complementary competencies, and 20,000 valued employees worldwide ensure that we will continue to grow and serve our customers with the best in filtration solutions.”

Affinia's filtration business specializes in the oil, fuel, hydraulic and coolant filter aftermarket.

Mann+Hummel is a privately-held global filtration company offering filtration solutions to original equipment and aftermarket customers in both the automotive and industrial sectors.

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Yet another example of American companies being acquired by overseas aggressors.

Once upon a time, America led the world in innovation and industrial might. But as a result of government casting a blind eye to the fast declining state of American industry, a significant portion of U.S. industry is now under foreign ownership.

In order for a major country like the United States to regain its position as a world leader, we must have a solid economy, which inherently requires a solid industrial foundation. Today, we no longer have that. Much has been allowed to go abroad, while the meager remnants remaining is being sold to foreign companies.

 

- Germany’s Mann + Hummel bought Affinia Group, producer of Wix, Napa and other brand filters

- Germany's ZF has acquired TRW
- Italy's Fiat owns Chrysler, Dodge and Jeep
- China's Wanxiang has acquired over 20 U.S. businesses including U.S. government-funded battery maker A123, Dana’s coupled-products business, Neapco and D&R Technology.
- Germany's Daimler acquired Freightliner, Western Star, Detroit Diesel and Thomas Built Buses
- Sweden's Volvo acquired White, Autocar, GMC heavy truck and Mack Trucks

- Germany’s Knorr-Bremse owns Bendix Commercial Vehicle Systems

- Sweden’s Haldex acquired Anchorlok and the Neway suspension control valve business

- Germany’s SAF acquired Neway air suspensions, and 5th wheel makers Holland and Simplex

- Prestolite Electric, which includes the Leece-Neville brand, was acquired by Zhongshan, China-based Broad Ocean Motor Company and Beijing-based Ophoenix Capital.

- Nexteer Automotive aka GM Global Steering Holdings LLC (formerly Delphi Steering and GM’s Saginaw Steering Division) was acquired by Chinese government-owned Pacific Century Motors

- Germany’s Mahle acquired Delphi’s automotive air conditioning division, Delphi Thermal  
- Korea's Doosan owns Bobcat
- Aircraft and industrial engine maker Teledyne Continental Motors was acquired by Chinese government aircraft maker AVIC

- Canada's Bombardier acquired Learjet Corporation
- Mexico's KUO Group acquired Borg-Warner and Spicer transmissions
- Italy's Fiat thru subsidiary CNH Global owns Case-IH and New Holland
- Sweden's Volvo acquired the road construction equipment division of Ingersoll Rand
- Japan's Bridgestone owns Firestone and Bandag
- France's Michelin owns Uniroyal and BF Goodrich
- China’s Beijing West Industries acquired Delphi’s brake and suspension divisions
- Netherlands-based Mittal Steel acquired (asset holder of Bethlehem Steel, LTV, Weirton Steel, Georgetown Steel and US Steel)
- Mexico's Metalsa S.A. acquired 10 Dana plants that produce structural components for chassis and body structures in light and commercial vehicles
- Germany's Siemens acquired Houston-based Dresser-Rand
- China's Shuanghui owns Smithfield Foods
- Belgium's InBev owns Anheuser-Busch
- South African Breweries (SAB) acquired Miller Brewing
- Germany's Merck KGaA acquired St. Louis-based Sigma-Aldrich
- Switzerland's Nestle owns Gerber baby foods and Purina
- Sweden's Electrolux owns the Frigidaire, Kenmore and Tappan appliance brands
- South Korea's LG owns Zenith

- Netherlands-based Philips acquired Magnavox, Philco and Sylvania
- China's Lenovo acquired IBM's personal computing division
- Japan's Seven & I Holdings owns 7-Eleven
- The UK's InterContinental Hotels Groups owns the Holiday Inn and Crowne Plaza hotel chains, and Candlewood Suites
- China's Wanda Group owns the AMC cinema chain
- The Venezuelan government owns Citgo
- Mexico's Bimbo Group acquired Sara Lee's bakery business and the following brands: Arnold, Ball Park, Boboli, Brownberry, Cinnabon Bread, EarthGrains, Entenmann’s, Francisco, Freihofer’s, Marinela, Milton’s Bread, Mrs Bairds, Oroweat, Roman Meal, Sara Lee, Stroehmann, Sun-Maid Bread, Thomas’ and Tia Rosa.

- The British-Dutch conglomerate Unilever owns Ben & Jerrys, Vaseline, Hellmann’s, Best Foods, Ponds, Good Humor and Breyers
- Germany's Henkel owns Dial soap, Loctite, Orbseal and Bergquist
- Germany's Bayer acquired Miles Laboratories and Cutter Laboratories (including Cutter insect repellent, Alka-Seltzer, One-A-Day, Flintstones vitamins and Bactine), and the consumer care business of Merck & Co. which included the brands Claritin (allergy), Coppertone (sun care), MiraLAX (gastrointestinals), Afrin (cold) and Dr. Scholl’s.

- Bayer CropScience acquired biological company AgraQuest
- Thailand’s Thai Union Frozen Products owns Chicken of the Sea and Orion Seafood International
- South Korea’s Dongwon owns StarKist
- The UK’s Lion Capital owns Bumble Bee Foods

- Jim Beam was acquired by Japan’s Suntory in 2014

- Krispy Kreme has been acquired by Luxembourg-based JAB Holdings

- Giant Carlisle (Martin's Food Markets, Ukrops), Stop & Shop and Giant-Landover supermarkets are owned by Dutch retailer Koninklijke Ahold N.V.

- Food Lion and Hannaford supermarkets are owned by Belgium-based Delhaize Group
- Colombia's Cementos Argos has acquired the cement and ready mix producing assets of Vulcan Materials and LaFarge
- UK-based Tarmac PLC acquired the cement and ready mix producing assets of Stamford, Conn.-based Lone Star Industries (for many years the largest U.S. cement maker)

- Two-wheeled electric people mover Segway has been acquired by China’s Ninebot

- China’s HNA Group acquired Carlson Hotels Inc. (Radisson, Park Plaza, Country Inns)

 

The list becomes longer with each passing year.

 

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