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US: GE sells air filtration business

 |  November 5, 2013

General Electric Company is reportedly in the process of selling its air filtration operations to Clarcor in a $265 million deal.

GE’s Power and Water division has entered into the agreement, according to Clarcor, which will see GE divest the business that supplies air filtration systems and gas turbine application filters.

The filtration business, which operates in the US, UK and China, will continue to supply filtration systems to GE.

The companies said they expect to finalize the deal by the end of the year.

Full content: Market Watch

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