- Enhances Cleanova’s ability to support customers on a global scale
- Enlarges Cleanova’s industrial bag and cartridge filter portfolio in fast-growing food & beverage, paint & coating, and chemicals markets
- Enhances Cleanova’s presence in the UK and broader European market
- Highlights its commitment to growth, innovation and quality in industrial filtration
6 January 2025 – London, UK – Cleanova, a clean tech, market-leading global manufacturer of industrial filtration systems, announces today the successful acquisition of Allied Filter Systems Group Limited, and its subsidiaries (“Allied Filter”), a leading European manufacturer of high performance aftermarket filter bags and filter vessels for the process industries based in the UK.
Headquartered in Irlam, in the Manchester Area, Allied Filter is committed to producing high quality liquid filtration systems and has established a strong reputation for innovation, reliability and best-in-class customer service. Its values strongly reflect Cleanova’s focus on pioneering advanced filtration solutions while maintaining a steadfast commitment to its customers.
Allied Filter operates from three UK manufacturing facilities that blend innovative, custom-designed production techniques and traditional manufacturing methods.
Cleanova, a portfolio company of PX3 Partners, the London headquartered private equity firm, leverages innovative thinking and established technology to deliver cutting-edge filtration solutions. The acquisition of Allied Filter supports Cleanova’s strategic vision to expand globally and solidify its leadership in the industrial filtration market. This transaction reflects Cleanova’s commitment to growth, innovation, and delivering superior products while strengthening its presence in the European market, broadening its end-market diversification, and enhancing its focus on aftermarket capabilities.
Cleanova’s CEO, Javaid Riaz, commented, “This acquisition marks another significant milestone for Cleanova. We are truly excited about the opportunities this new acquisition brings and to partner with Allied Filter’s founders, Daniel and Chris Thompson, and their management team. The acquisition enhances our technical capabilities, broadens our product portfolio, and accelerates our expansion into new end-markets, all while reinforcing our commitment to delivering exceptional value to our customers.”
Javaid Riaz explained what the transition process will look like: “As we move forward, we will proactively engage with customers and employees to share our vision for the newly expanded Cleanova group and how we plan to maximise the opportunities ahead.”
Cleanova enlisted the support of Alvarez & Marsal as accounting and tax adviser; Aon as benefits, insurance, and pension adviser; Debevoise & Plimpton as tax structuring adviser; Osborne Clarke as financing legal adviser; and Perkins Coie as legal adviser.
-ENDS-
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About Cleanova
Headquartered in Ireland, Cleanova was formed out of an industrial carve-out in October 2023 and is controlled by PX3 Partners, the London headquartered private equity firm. The company leverages innovative thinking and established technology to deliver mission-critical filtration solutions and contribute to a cleaner tomorrow. With a team of 400 skilled employees, Cleanova delivers cutting-edge filtration products to a diversified international customer base operating in a wide range of industrial end-markets. Cleanova serves its customers through eight international brands, Airpel, Allied Filter, Dollinger, Plenty, Shawndra, Sidco, and Vokes, which have market-leading positions underpinned by Cleanova’s technology and engineering capabilities. Cleanova operates in an attractive, large and growing addressable market, with a significant global installed base and a resilient aftermarket sales model. www.cleanova.com
About PX3 Partners
PX3 stands for purpose, passion, and performance. It is a pan-European private equity firm founded in 2021 by Petter Johnsson, Gianpiero Lenza, and Sébastien Mazella di Bosco with headquarters in London. It invests behind transformative themes and targets companies operating within select segments of the business services, consumer and leisure, and industrials sectors with strong business fundamentals. PX3 is committed to supporting ambitious entrepreneurs and management teams build great businesses through transformative growth internationally and operational improvement. PX3 is the continuation and consolidation of the founding partners’ investment strategy and their relationship-focused and distinctive value creation model honed over 20 years working together. https://www.px3partners.com