London, 23rd December 2024

Cleanova, a clean tech, market-leading global manufacturer of industrial filtration systems, announces today the successful acquisition of Allied Filter Systems Group Limited, and its subsidiaries (“Allied Filter”), a leading European manufacturer of high performance aftermarket filter bags and filter vessels for the process industries based in the UK.

• Enhances Cleanova’s ability to support customers on a global scale
• Enlarges Cleanova’s industrial bag and cartridge filter portfolio in fast-growing food & beverage, paint & coating, and chemicals markets
• Enhances Cleanova’s presence in the UK and broader European market
• Highlights its commitment to growth, innovation and quality in industrial filtration

Headquartered in Irlam, in the Manchester Area, Allied Filter is committed to producing high-quality liquid filtration systems and has established a strong reputation for innovation, reliability and best-in-class customer service. Its values strongly reflect Cleanova's focus on pioneering advanced filtration solutions while maintaining a steadfast commitment to its customers.

Allied Filter operates from three UK manufacturing facilities that blend innovative, custom-designed production techniques and traditional manufacturing methods.

Cleanova, a portfolio company of PX3 Partners, the London headquartered private equity firm, leverages innovative thinking and established technology to deliver cutting-edge filtration solutions. The acquisition of Allied Filter supports Cleanova’s strategic vision to expand globally and solidify its leadership in the industrial filtration market. This transaction reflects Cleanova’s commitment to growth, innovation, and delivering superior products while strengthening its presence in the European market, broadening its end-market diversification, and enhancing its focus on aftermarket capabilities.

Cleanova’s CEO, Javaid Riaz, commented: “We are truly excited about the opportunities this new acquisition brings and to partner with Allied Filter’s founders, Daniel and Chris Thompson, and their management team. This acquisition marks another significant milestone for Cleanova. We are truly excited about the opportunities this new acquisition brings and to partner with Allied Filter’s founders, Daniel and Chris Thompson, and their management team. The acquisition enhances our technical capabilities, broadens our product portfolio, and accelerates our expansion into new end-markets, all while reinforcing our commitment to delivering exceptional value to our customers.”

Javaid Riaz explained what the transition process will look like: “As we move forward, we will proactively engage with customers and employees to share our vision for the newly expanded Cleanova group and how we plan to maximise the opportunities ahead.”‍

Cleanova enlisted the support of Alvarez & Marsal as accounting and tax adviser; Aon as benefits, insurance, and pension adviser; Debevoise & Plimpton as tax structuring adviser; Osborne Clarke as financing legal adviser; and Perkins Coie as legal adviser.

Click here to download press release [PDF].