Bucaramanga-based Partmo manufactures and distributes air, lube and fuel filters for medium- and heavy-duty engines.
“Partmo is a leading brand of replacement filters in Colombia and other countries in Latin America. Their product lines and distribution partners will complement Donaldson’s existing business in the region,” said Guillermo Briseño, Donaldson’s vice president for Latin America.
“The acquisition of Partmo represents another milestone as we continue to make investments throughout Latin America,” said Tod Carpenter, Donaldson president and CEO. “In recent years we have opened distribution centres in Chile, Peru and Colombia, and expanded our manufacturing operations in Mexico and Brazil. The Partmo operation expands our sales, engineering and manufacturing capabilities in Colombia. Partmo is also our first production plant for engine liquid filters in South America.”
Donaldson expects that the acquisition will contribute annual revenues of approximately US$14 million to its Engine Products segment.