Freudenberg Filtration Technologies in India acquires Pyramid Filters Private Limited

Bangalore, India, 13, March, 2012: Freudenberg Filtration Technologies India Private Limited has signed an agreement to acquire the business of Pyramid Filters Private Limited, with effect from 1st April, 2012. Based in Pune, Freudenberg Filtration Technologies India provides high-efficient industrial and automotive filter elements and systems, as well as globally patented system solutions for capacity and efficiency enhancement in gas turbines and compressors. Pyramid Filters develops and produces air filter elements and systems for clean room applications in the pharmaceutical, medical, food and chemical industries.

Dr. Andreas Kreuter, Managing Director of the global Freudenberg Filtration Technologies Group explains: “Founded in 1998, Pyramid Filters enjoys an excellent reputation in India, thanks to a comprehensive HEPA filter range and renowned services. Based on Pyramid’s strong market position, we will be able to add new products to our already broad portfolio and offer our customers further services.”

Dr. Kirti Kelkar, Founder and Director of Pyramid Filters India Pvt. Ltd., commented: “We are glad to have found in Freudenberg Filtration Technologies a partner with whom we can jointly develop world class cleanroom filtration solutions. Our existing customers will benefit from Freudenberg Filtration Technologies’ expertise in application engineering and their position as one of the global technological leaders in filtration.”

Along with Freudenberg’s Regional Business Director Gnanasekharan Ramesh and Managing Director Rakesh Nathwani, Dr. Kelkar will join the management team of Freudenberg Filtration Technologies India Pvt. Ltd., and will continue to be responsible for the Cleanroom Division. “Together, we look forward to providing value to our customers through the combined global and local expertise offered by the new team”, Ramesh concludes.

About Freudenberg Filtration Technologies

Headquartered in Weinheim, Germany, Freudenberg Filtration Technologies has around 1,300 employees at more than 30 locations around the world. The company develops, manufactures and markets a comprehensive filter program and filtration services. Freudenberg’s filtration solutions are used in many applications, particularly as micronAir® cabin air and engine intake air filters for the automotive industry and Viledon® air filters in various industrial applications, complemented by solutions for liquid and human protection filtration. Located in the city of Pune, Freudenberg Filtration Technologies India serves technically demanding industries, like automotive, pharmaceuticals, hospitals, petrochemicals, energy, fertilizers, food & beverage, steel and cement. With the “Viledon® eee.Sy” program, Freudenberg Filtration Technologies India provides unique system solutions for the capacity and efficiency enhancement of turbo-compressors and gas turbines. Freudenberg Filtration Technologies India is well represented across India, Pakistan and Bangladesh with sales offices in several cities in close proximity to its customers.

Freudenberg Filtration Technologies belongs to the Freudenberg Group, a multinational family company offering its customers technically challenging product solutions and services. The Freudenberg Group is first and foremost a supplier specializing in seals and vibration control technology, nonwovens, filtration, lubricants and release agents as well as mechatronic products and consumer household products. In 2010, the Freudenberg Group employed about 34,000 people in 59 countries and generated sales of more than `33,109 Crore. Freudenberg has held business ties with customers and partners in India for nearly 100 years. The group has a workforce in India of more than 2,500 associates at eleven locations. The combined sales of its ten operating business units in India amounted to `794 Crore in 2010. The Group operates at over 27 facilities in India and maintains a long-term commitment to the Indian market.

About Pyramid

Pyramid Filters Private Limited is a Pune based, company, offering air filtration solutions to cleanrooms in India. It has decade’s long experience in design and manufacturing of filters and equipments for cleanroom applications. Pyramid filters are popular among global pharmaceutical companies, cleanroom equipment and HVAC Original Equipment Manufacturers (OEM). Pyramid Filters employs around 60 people in their manufacturing site at Pune, Maharashtra.

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