© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Ambienta Acquires a Majority stake in SF-Filter AG
Posted 9th February 2016

Ambienta Acquires a Majority stake in SF-Filter AG

Ambienta, the largest European private equity fund specialised in environmental businesses, today announced it has acquired a majority stake in SF-Filter AG, Zurich, a successful specialist for filter solutions with sales of about CHF 80 m.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Ambienta Acquires a Majority stake in SF-Filter AG
Image

Ambienta Acquires a Majority Stake in SF-Filter AG

Ambienta, the largest European private equity fund specialised in environmental businesses, today announced it has acquired a majority stake in SF-Filter AG, Zurich, a successful specialist for filter solutions with sales of about CHF 80 m.

SF-Filter is the leading partner for the distribution of mobile and industrial filters for a variety of applications. The product range encompasses filters for oil, air, fuel, hydraulic, gas, pneumatic, liquid, de-dusting, heating, ventilating, and air conditioning (HVAC)-related applications. With more than 30,000 European customers ranging from original equipment manufacturers to resellers as well as end-customers, the SF-Filter brand has been unanimously recognised as the leader in its field due to its broad filter assortment, competent technical and independent advice as well as 24h delivery times. SF-Filter operates Europe’s largest warehouse for filters in Switzerland, and additional sites in Germany, Austria, France and Poland. The product offering consists of both Independent and SF-Filters own-brand filters. In recent years, SF-Filter has also continuously updated its e-shop offering, along with on-site personal and technical assistance.

Modern filtration technology contributes substantially to the reduction of pollutant emission. Furthermore, the right filtration products reduce energy consumption, especially in the field of heating, ventilating and air conditioning or in hydraulic systems. Additionally, advanced filter systems help to prolong service intervals and equipment life-cycles, consequently allow for a reduction in the usage of environmentally harmful substances, such as lubricants or cooling agents. SF Filter’s technical advice and service is therefore an important contributor to a sustainable use of resources and a healthier environment.

Ambienta will support SF-Filter in its expansion’s strategy, particularly via add-on acquisitions in other European countries. Moreover, SF Filter plans to strengthen its workforce, especially in the field of distribution, marketing and sales in order to grow organically.

SF-Filter was founded in Zurich in 1968 and was taken over by Mr. Arthur Fritschi and Mr. Dirk van der Stroom in 1992. Jochen Zähringer, currently responsible for SF-Filter’s German operations, will be promoted to Group CEO. He will take on the responsibility of group-wide operations. Arthur Fritschi and Dirk van der Stroom, will remain engaged with the Company as shareholders, members of the board of directors, and managing directors.

 Arthur Fritschi, chairman of the board of directors and shareholder, commented:

“We are happy to have partnered with Ambienta as a trustworthy and experienced partner for our international growth ambitions. Ambienta shares our strategic targets and will support SF-Filter with advice and financial resources”.

Shareholder and managing director Dirk van der Stroom added:

“I am convinced that we have found a forward-looking partner, who shares our values and will support our future growth plans, while enabling SF-Filters to continue to operate as an independent company”.

 Jochen Zähringer said:

“First of all, I would like to thank Mr. Fritschi and  Mr. van der Stroom, as well as Ambienta for the trust they place in me. I am looking forward to further developing the economic as well as environmental benefits for our customers, together with our shareholders and the highly motivated and competent SF-Filter team.“

 Nino Tronchetti Provera, Managing Partner and Co–Founder of Ambienta commented:

“We are delighted to partner-up with SF-Filter and its management team. SF-Filter represents one of the largest investments in the history of our firm and already the third investment in the German speaking region over the last 12 months; with an aggregated enterprise value of about € 200m. A clear sign that our investment strategy of investing in sustainable businesses driven by long term environmental trends with an industrial approach can succeed in Europe’s most important economies. The fact that almost all of Ambienta’s 21 investments to date are in family or founder owned businesses underpins the recognition of our strategy among entrepreneurs.“

Nico Helling, Partner at Ambienta and responsible for investments in Germany, Austria, and Switzerland, added:

“SF-Filter has achieved an impressive market-leading position in the European after-sales market for mobile and industrial filters, via a focused and clear strategic orientation. The product assortment as well as the technical expertise of SF-Filter contribute substantially to a sustainable usage of natural resources of our society. We are looking forward to working closely with SF-Filter and to supporting the SF-Team especially through add-on acquisitions”.

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Planning to Sell or Exit a Business? Here’s What You Need to Know About Succession Planning
News
05/10/2023Planning to Sell or Exit a Business? Here’s What You Need to Know About Succession Planning

When considering exiting or selling your business, there are two key things to consider; succession planning and preparing your business for sale.

Read Full PostRead - Eye Icon
Why digital could be the saviour of the UK high streets
Innovation
19/07/2019Why digital could be the saviour of the UK high streets

Time does not seem to be the best healer when it comes to the plight of UK high streets, with major retail losses making headlines in many national newspapers.

Read Full PostRead - Eye Icon
Eurozone’s Exit from Deflation ECB a Pause for Breath
Finance
01/05/2015Eurozone’s Exit from Deflation ECB a Pause for Breath

Annual consumer price inflation across the Eurozone climbed up to zero in April 2015 after four months of consecutive declines, Eurostat reported this morning.

Read Full PostRead - Eye Icon
Legg Mason Announces Acquisition of Clarion Partners
M&A
Read Full PostRead - Eye Icon
Dogecoin is the new GameStop – Are investors going to get burned?
Finance
21/04/2021Dogecoin is the new GameStop – Are investors going to get burned?

Dogecoin has become the new GameStop, with frenzied trading potentially going to deliver a bloody nose to novice investors, warns the CEO of one of the world’s largest independent financial advisory and fintech organisations.

Read Full PostRead - Eye Icon
Business Leaders of 2016
Leadership
01/07/2016Business Leaders of 2016

Regal Food Products Group Plc was established in the heart of Yorkshire in 2010 to cater for the growing needs of the South Asian consumer.

Read Full PostRead - Eye Icon
A Guide to Real Estate Investment Financing In Calgary’s Housing Market
News
04/09/2023A Guide to Real Estate Investment Financing In Calgary’s Housing Market

Dipping your toes into the Calgary housing market can be a profitable venture for both experienced investors and those just starting out. However, obtaining the right financing to turn your investment dreams into reality is crucial. In this article, we’l

Read Full PostRead - Eye Icon
Apex Insurance Services
Strategy
13/04/2015Apex Insurance Services

Established in 1957, Apex Insurance Services are a local Insurance Broker for local people, with traditional broking values. We spoke to them about how they offer a fast, reliable face-to-face personal service.

Read Full PostRead - Eye Icon
What Does a Personal Injury Lawyer Do?
Legal
30/05/2023What Does a Personal Injury Lawyer Do?

Do you live in Joliet IL, and the surrounding areas? Have you been physically injured in a road accident due to the negligence of another driver and need compensation?



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow