MINNEAPOLIS, MN, July 1, 2015-

Donaldson Company, Inc. DCI, -0.99% a leader in the global industrial air filtration market through its Donaldson® Torit® business, announced today that it has acquired a majority stake in IFIL.USA, LLC, a manufacturer of pleated bag filters for industrial dust collection. The agreement with IFIL USA is expected to contribute approximately $6 million to $8 million of revenue to Donaldson's fiscal 2016 results.

"IFIL USA is a great addition to Donaldson's industrial air filtration business," said Tod Carpenter, Donaldson's President and CEO. "IFIL USA's industry-leading technology gives Customers significant advantages compared to traditional filter bags, including longer filter life, faster filter changes and reduced air emissions. We look forward to continuing IFIL USA's strong growth as a part of the Donaldson Team."

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