AAF Flanders settles after acquisition
Published 11:23 pm Sunday, June 26, 2016
Employees at Washington’s formerly named Flanders Corp. are settling in to the company’s recent acquisition by American Air Filter Co. Inc.
Now dubbed AAF Flanders, AAF’s parent company Daikin, which is based in Japan, secured the $430 million acquisition in April.
The move pushed AAF International to the No. 1 spot in air filtration across the globe, according to a press release. AAF International is based in Louisville, Kentucky.
The acquisition is not expected to bring any big changes to employment at the Washington location — operations have been described as “business as usual” by Flanders executives in previous interviews.
“It’s exciting to be a part of the air filtration industry right now. Almost everything we frequently take for granted in our modern world, including safe food, effective medicines, consumer electronics, the buildings we live and work in, even the cars we drive, all of these things create demand for high-performance air filtration,” Philip Whitaker, AAF International’s chief executive officer, said in a press release.
Whitaker said this business decision will give AAF the ability to offer consumers more options in the air filtration market, from smaller filters for the home to filtration systems used by large companies.
Flanders Corp. was founded in 1950 and grew to become a familiar name in Washington, as well as one of the largest air filter manufacturers in the United States. Flanders has a total of seven locations worldwide, according to its website.
“We will be perfectly positioned to meet these growing demands for clean air,” Whitaker said of AAF. “This acquisition, our third in the last year, represents just another step in our journey to get closer to our customers and to satisfy all of their air filtration needs. Although this is our largest deal by far, it certainly won’t be our last.”
Representatives from AAF Flanders were not available for comment at this time.