LAUDA buys a Spanish manufacturer of industrial circulation chillers
The world's leading constant temperature specialist and Donaldson Company, Inc., one of the world's most eminent manufacturers of filtration products and equipment, officially announced in Barcelona, Spain today the acquisition of Donaldson's circulation chiller business by LAUDA. The former Donaldson chiller business, Ultrafilter S.L., Terrassa, Spain was established in 1966. With a staff of approximately 40, the company today manufactures "Ultracool" brand industrial circulation chillers with a capacity of up to 500 kilowatts. Ultrafilter S.L supplies major manufacturers of such equipment as printing presses, injection molding equipment, laser processing machines and sorting equipment across the globe. The circulation chiller business has significant growth opportunities that are outside of Donaldson's focus on filtration.
Industrial circulation chillers enable LAUDA to broaden its product range and increase its attractiveness to manufacturers of industrial plant and equipment requiring machine cooling. The constant temperature specialist employs more than 350 staff and is planning an annual turnover of more than EUR 60 million. LAUDA's Managing Director Dr Gunther Wobser is enthusiastic about the expansion of the business, "With the high-grade Donaldson industrial circulation chillers we can systematically extend our product range in the field of our core skill of liquid-based constant temperature technology. Our activities in industrial markets with our OEM thermostats and heating and cooling systems are already very successful. However, up to the present time we have been without attractively priced circulation chillers with high cooling capacities. With our effective sales organization and the LAUDA brand which is well-known across the world for constant temperature technology I am confidently expecting powerful synergies from this acquisition." The manufacturing site in Terrassa with its ultra-modern equipment is situated approximately 30 kilometers north-west of Barcelona. It will continue to be managed separately under the name of "LAUDA Ultracool" and is expected to grow further in the coming years, not least thanks to the excellence in marketing and sales of the LAUDA Group. In addition to developing and manufacturing circulation chillers, the Spanish company will assume responsibility for sales support in Spain and Portugal. Marketing, sales and service activities will be taken over from the parent company in Germany as well as from the existing seven overseas subsidiaries and selected agencies and service partners.