Cleanova Expands Filtration Solutions with Strategic Acquisitions
Cleanova, a prominent global manufacturer based in Chattanooga, announces the strategic acquisitions of Airflotek and TES-Clean Air Systems. This move plays a pivotal role in Cleanova's mission to enhance its offerings in the ultra-clean filtration sector.
About the Acquired Companies
Airflotek, founded in 1993, specializes in designing and manufacturing advanced air filtration systems tailored for cleanroom environments. The company serves demanding industries such as semiconductor manufacturing, biotechnology, and pharmaceuticals. In tandem, TES-Clean Air Systems, established in 1986, acts as the exclusive distributor for Airflotek products and brings vast cleanroom and semiconductor application expertise.
Importance of the Acquisitions
These acquisitions provide Cleanova with vital entry into ultra-clean, controlled environments essential for AI-driven semiconductor manufacturing and aseptic pharmaceutical production. The reliability and performance standards in these sectors are paramount, making it crucial for companies to have impeccable contamination control.
The expertise of Airflotek and TES-Clean Air Systems significantly augments Cleanova's capabilities in delivering cleanroom filtration solutions, particularly in high-efficiency particulate air (HEPA) and ultra-low particulate air (ULPA) filtration systems. Their custom fan filter units (FFUs) ensure stringent particle control, thus meeting regulatory standards and mitigating risks associated with contamination.
Benefits of Cleanova's Filtration Solutions
The integration of Airflotek and TES-Clean Air Systems represents a strategic expansion for Cleanova, marking its fifth and sixth acquisitions since 2023. Chris Cummins, Cleanova's CEO, emphasizes how the expertise from these companies enhances their ability to serve high-demand sectors like semiconductor manufacturing further.
With a substantial portfolio of advanced filtration solutions, Cleanova is poised to address the needs of an evolving marketplace. The company's commitment to technical excellence and customer partnership aligns with the shared vision of Airflotek and TES-Clean Air Systems, promising continued innovation in filtration technologies.
Projections for Future Growth
Cleanova's recent acquisitions pave the way for exploratory opportunities in sectors not previously accessed. The integration of these companies signifies a commitment to growth in advanced filtration, focusing on ultra-clean air solutions.
Commitment to Customer Satisfaction
Alan Schlesinger, President of Airflotek, stated the pride felt in joining forces with Cleanova, highlighting a shared dedication to performance in mission-critical filtration. This partnership intends to uphold the dependable service and expert knowledge that customers have come to expect.
Moreover, the partners at PX3 Partners, Cleanova's owner, express their support for these transactions, recognizing the potential to open new avenues in high-growth sectors. Their commitment reinforces the position of Cleanova within the global filtration market.
Support and Advisory Team
To facilitate these strategic acquisitions, Cleanova engaged the services of multiple advisory firms, including Alvarez & Marsal for accounting and tax advice, Aon for benefits, and legal counsel from Debevoise & Plimpton among others. These partnerships ensure Cleanova minimizes risks and maximizes opportunities during this growth period.
About Cleanova
Established in 2023 and backed by PX3 Partners, Cleanova is dedicated to providing innovative and sustainable filtration solutions. With a robust portfolio consisting of numerous well-regarded industrial filtration brands, Cleanova aims to lead in customer service and solutions innovation. Now, with the additional expertise from Airflotek and TES-Clean Air Systems, Cleanova comprises a total workforce of about 1,600 across various countries.
Frequently Asked Questions
What recent acquisitions did Cleanova make?
Cleanova recently acquired Airflotek and TES-Clean Air Systems to expand its filtration portfolio.
What industries do Airflotek and TES-Clean Air Systems serve?
These companies serve industries such as semiconductor manufacturing, biotechnology, and pharmaceuticals.
How do these acquisitions benefit Cleanova?
They enhance Cleanova's capabilities in ultra-clean air filtration, improving service and performance standards in critical sectors.
When was Cleanova formed?
Cleanova was established in 2023 and is dedicated to innovative filtration solutions.
Who are the owners of Cleanova?
Cleanova is owned by the pan-European private equity firm PX3 Partners, which supports its expansion efforts.
