As part of the acquisition of RPS Products, the company is being integrated into Freudenberg Filtration Technologies, and will continue operating under that name, Freudenberg said in a press release.
“With these two acquisitions, we are expanding our business in North America while investing in a new business field, filter solutions for retail and office buildings. The group already has more than 10,000 employees at about 90 locations in North America,” Mohsen Sohi, CEO of Freudenberg said in a statement.
“With its BestAir brand, RPS Products enjoys a high degree of trust among consumers, and its products and customers make it an outstanding complement to Protect Plus Air. With this acquisition, we are committing ourselves to an attractive market with good opportunities for growth in the United States,” Andreas Kreuter, CEO of Freudenberg said.
“From now on, we are part of the Freudenberg group. This is presenting us with new growth opportunities. We are especially happy to be part of a global company with technological expertise and the capacity to innovate, along with strong values and principles,” Dan Schuld, CEO and former co-owner of RPS Products said.
Fibre2Fashion News Desk (GK)