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Corporation
INDUSTRIAL | Manufacturing
freudenberg.com

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Investments

1

Portfolio Exits

2

Partners & Customers

5

About Freudenberg

Freudenberg offers its customers technically challenging product solutions and services. The group develops and manufactures seals, vibration control components, filters, nonwovens, surface treatment products, release agents, specialty lubricants, and medical and mechatronic products. Freudenberg also develops software solutions and IT services for mid-size companies. Consumers can purchase Freudenberg household products under the brand names vileda, O-Cedar, Wettex, Gala and SWASH.

Freudenberg Headquarter Location

Hohnerweg 2-4

Weinheim, 69469,

Germany

+49 (0)6201-80-0

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Expert Collections containing Freudenberg

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

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Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

Freudenberg Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Freudenberg Rank

Latest Freudenberg News

10:15 ET Freudenberg Strengthens Filter Business in U.S.

Sep 22, 2021

. Acquisition of Protect Plus Air Based in North Carolina News provided by Share this article Share this article WEINHEIM, Germany, Sept. 22, 2021 /PRNewswire/ -- Freudenberg is expanding its filter business strategically. In the United States, the Freudenberg business group Filtration Technologies is acquiring Protect Plus Air Holding, Inc. from its current owner, the Indianapolis-based private equity firm HKW. Based in Hickory, North Carolina, Protect Plus Air is a leading producer of high-quality air filters that are mainly sold through retailers for residential buildings. The company has 940 employees and generated $118 million in revenue in 2020. The parties have agreed not to disclose the purchase price. "With the acquisition of Protect Plus Air, we are expanding our portfolio of filtration solutions in the important North American market by adding the attractive, fast-growing field of residential building ventilation," said Dr. Mohsen Sohi, CEO of the Freudenberg Group. "Protect Plus Air is expanding and strengthening our already existing filtration portfolio for mobility and industrial applications worldwide." The U.S. Census Bureau puts the real estate market in the U.S. at about 139 million residential units in 2019. About 84 percent of them already are equipped with air-conditioning or ventilation systems. They rely on air filters that improve performance and increase the operating life of the equipment, and above all protect people from airborne particles. The market has been on the rise for several years. Due to the COVID-19 pandemic, American consumers have become more aware of air hygiene, which is leading to increased demand, especially for filters in higher performance categories. "Protect Plus Air is an outstanding fit for us," said Dr. Andreas Kreuter, CEO of Freudenberg Filtration Technologies. "The company's highly customer-focused team has decisive factors in retail in its favor, with a strong brand portfolio, a competitive distribution network and strong consulting expertise in commercial marketing." Founded in 2001, Protect Plus Air has had years of excellent business relations with well-known retail chains in the United States. The Freudenberg Filtration Technologies business group is providing its expertise in innovation, materials and production to the company. The Freudenberg group's operations in the U.S. are based in Hopkinsville, Kentucky. "In Freudenberg, we are glad to have found a new owner oriented to technology and value," said Greg Schorr, CEO of Protect Plus Air. "Together we will continue to offer our retail customers outstanding services and products and will expand cooperation with our business partners further." About Freudenberg Filtration Technologies As a global technology leader in air and liquid filtrtion, Freudenberg Filtration Technologies develops and produces high-performance, energy-efficient filtration solutions which improve the efficiency of industrial processes, conserve resources, protect people and the environment and thus enhance the quality of life. With its Viledon and micronAir global brands, Freudenberg Filtration Technologies offers customers innovative filter elements and systems for the energy and resources, hygiene and health, automobile and transport, production and building technology sectors, and for highly-specialized applications. In 2020, Freudenberg Filtration Technologies generated sales of €519.4 million and employed 2,853 people at year end. www.freudenberg-filter.com About the Freudenberg Group Freudenberg is a global technology group that strengthens its customers and society long-term through forward-looking innovations. Together with its partners, customers and research institutions, the Freudenberg Group develops leading-edge technologies and excellent products and services for about 40 markets and for thousands of applications: seals, vibration control components, technical textiles, filters, specialty chemicals, medical products and the most modern cleaning products. Strength of innovation, strong customer orientation, diversity, and team spirit are the cornerstones of the Group. The 170-year-old company holds strong to its core values: a commitment to excellence, reliability and pro-active, responsible action. In 2020, the Freudenberg Group employed about 48,000 people in some 60 countries worldwide and generated sales of some €8.8 billion. www.freudenberg.com   SOURCE Freudenberg

Freudenberg Investments

1 Investments

Freudenberg has made 1 investments. Their latest investment was in XALT Energy as part of their Corporate Minority - II on February 2, 2018.

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Freudenberg Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/1/2018

Corporate Minority - II

XALT Energy

Yes

2

Date

2/1/2018

Round

Corporate Minority - II

Company

XALT Energy

Amount

New?

Yes

Co-Investors

Sources

2

Freudenberg Portfolio Exits

2 Portfolio Exits

Freudenberg has 2 portfolio exits. Their latest portfolio exit was Freudenberg - Hygiene on January 06, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/6/2020

Divestiture

1

00/00/0000

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10

Date

1/6/2020

00/00/0000

Exit

Divestiture

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Companies

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Valuation

Acquirer

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Sources

1

10

Freudenberg Acquisitions

10 Acquisitions

Freudenberg acquired 10 companies. Their latest acquisition was Merit Medical - Hypotube Manufacturing Business on September 08, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/8/2020

Acquired

2

5/12/2020

IPO

$991

Acq - P2P

3

10/16/2019

Acquired

1

2/1/2018

Corporate Minority

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$99M

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10

10/4/2017

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$99M

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10

Date

9/8/2020

5/12/2020

10/16/2019

2/1/2018

10/4/2017

Investment Stage

IPO

Corporate Minority

Companies

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Valuation

$991

Total Funding

$99M

$99M

Note

Acquired

Acq - P2P

Acquired

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Sources

2

3

1

10

10

Freudenberg Partners & Customers

5 Partners and customers

Freudenberg has 5 strategic partners and customers. Freudenberg recently partnered with Vibracoustic on July 7, 2016.

Date

Type

Business Partner

Country

News Snippet

Sources

7/4/2016

Partner

Vibracoustic

Germany

Freudenberg Group: Freudenberg signs agreement to acquire Trelleborg’s shares in Vibracoustic

Freudenberg brought its Business Group , Vibracoustic , to the joint venture ; Trelleborg AB its automotive anti-vibration business .

1

4/7/2016

Partner

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10

1/11/2016

Partner

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10

11/1/2015

Supplier

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10

Partner

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10

Date

7/4/2016

4/7/2016

1/11/2016

11/1/2015

Type

Partner

Partner

Partner

Supplier

Partner

Business Partner

Vibracoustic

Country

Germany

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News Snippet

Freudenberg Group: Freudenberg signs agreement to acquire Trelleborg’s shares in Vibracoustic

Freudenberg brought its Business Group , Vibracoustic , to the joint venture ; Trelleborg AB its automotive anti-vibration business .

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Sources

1

10

10

10

10

Freudenberg Team

6 Team Members

Freudenberg has 6 team members, including current President, Bob Evans.

Name

Work History

Title

Status

Bob Evans

NCR Corporation, Kimberly-Clark Corporation, and Ice Miller

President

Current

Dr Harald Berger

Festo

Chief Information Officer

Current

Peter Schwibinger

Chief Executive Officer

Former

Kurt Ziminski

Genus

Chief Executive Officer

Former

Max Kley

Chief Financial Officer

Former

Name

Bob Evans

Dr Harald Berger

Peter Schwibinger

Kurt Ziminski

Max Kley

Work History

NCR Corporation, Kimberly-Clark Corporation, and Ice Miller

Festo

Genus

Title

President

Chief Information Officer

Chief Executive Officer

Chief Executive Officer

Chief Financial Officer

Status

Current

Current

Former

Former

Former

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