Donaldson to Acquire Facet Filtration for $820mln in Cash, Plans to Fund Transaction Through Combination of Cash and New Debt Financing

Donaldson Company has agreed to acquire Facet Filtration for approximately $820 million in an all-cash deal. The acquisition represents 20 times calendar year 2025 EBITDA and 16.6 times when adjusted for tax benefits and cost synergies. Facet offers fuel and fluid filtration solutions for aerospace, defense, and power generation, with 2025 calendar sales of $108 million. Donaldson plans to fund the transaction through a combination of cash and new debt financing.