Donaldson acquires minority stake in Italy’s Medica SpA

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Donaldson Company Inc has completed its previously announced acquisition of a 49% ownership stake in Medica SpA for approximately €62 million, excluding transaction-related fees and expenses.

Image © j-mel - Adobe Stock.

This acquisition supports Donaldson’s strategy of building and expanding the capabilities of its Life Sciences business.

Medica is focused on hollow fiber membrane filtration technology for medical device applications and water purification. Headquartered in Medolla, Italy, the company has over 700 employees globally and generated €80 million of revenue in calendar 2023.