July 26, 2024 – Newbury, UK –We are pleased to announce the successful acquisition of Sidco Filter Company and Shawndra Products Inc., two leading clean tech filtration companies based in the United States, enabling us to expand our global footprint and strengthen our presence in the filtration industry.
Cleanova’s CEO, Javaid Riaz, commented, “We are excited about the possibilities that lie ahead as we embark on this new chapter. Our commitment to excellence and customer satisfaction remains unwavering, and we are confident that this acquisition will enable us to better serve our customers and stakeholders.”
Established in 1997 and headquartered in Manchester, New York, Sidco Filter Company manufactures Original Equipment Manufacturer (OEM) and aftermarket filters for air and gas markets. Shawndra Products, Inc., founded in 1982 and headquartered in Lima, New York, provides meticulously designed filter elements. Sidco and Shawndra merged earlier this year to form Sidco Group, prior to the acquisition.
Both companies have built strong reputations for innovation, quality and customer service which aligns with our mission and vision to deliver industry-leading filtration solutions and place our customers at the heart of decision making.
Benefits for customers
Cleanova’s acquisition of Sidco and Shawndra will achieve several key benefits:
Enhanced Market Presence: With the established presence of Sidco and Shawndra, the acquisition will materially accelerate Cleanova’s geographic expansion in the US. Cleanova’s increased scale will significantly enhance market position, brand recognition, and regional reach.
Expanded Product Offerings: The integration of Sidco and Shawndra products with Cleanova’s existing portfolio will enable the offering of a more comprehensive range of filtration solutions to customers and further develop Cleanova’s aftermarket offering in line with the Company’s strategic objectives
Increased Innovation and Expertise: Cleanova will benefit from the combined expertise and innovative approaches of all three companies, driving further advancements and improvements in industrial filtration.
Asked what the transition process will look like, Javaid Riaz explained: ”As we move forward, we will focus on a smooth integration process to ensure that we maximise the benefits of this acquisition. I am confident that, together, we will achieve new heights and continue to drive our success in the US market and beyond.”