AAF Flanders Announces Plans to Acquire Aire Filter Products

United States: American Air Filter Co. Inc., d/b/a AAF International, and its subsidiary Flanders Corp., a Louisville based company, involved in the manufacturing of products for global air filtration industry, have announced intent to overtake Phoenix based Aire Filter Products, a HVAC Air Filter service company. This deal is expected to close by the end of January 2017. The strategic acquisition would allow AAF Flanders to expand its footprint and extend the quality and quantity of air filtration services across the Western United States and beyond. Additionally, the strong and established distribution network of AAF Flanders combined with AFP’s broad product portfolio would strengthen the position and customer reach of American Air Filters Co. Inc. within the United States.

Techsci Research depicts that the acquisition of Aire Filter Products would aid AAF Flanders to cater the domestic as well as global air filters market. This agreement is expected to augment the geographical coverage of air filtration products for industrial, commercial and institutional applications across the globe.

According to the recently published report by TechSci Research, “Global Air Filters Market By Type, By Application, By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 - 2021”, the global market for air filters is forecast to cross US$ 20 billion by 2021, due to rising demand from process industry, oil & gas and power sector. Medium efficiency air filters and HEPA filters dominate the global air filters market due to rising quality centric approach of end users in developed as well as major developing economies. Asia-Pacific is the largest regional market in global air filters market on account of increasing demand from diverse sectors including pharmaceuticals, electronics and microelectronics, construction, refineries, and petrochemical.