Absolent Invest acquires Bristol Tool & Gauge International
Absolent Invest AB has acquired Bristol Tool & Gauge International GmbH from the company’s private owner and founder.
Bristol Tool & Gauge International GmbH is a leading provider for specialized filters, for example, electrostatic filters, centrifugal eliminators and cartridge filters. The divestment was made due to the lack of a successor and to ensure the company would successfully continue as a running operation.
The Absolent Group is a world-leading filtration company with headquarters in Lidköping, Sweden. The company operates in more than 50 countries worldwide and offers a wide range of solutions to eliminate oil mist, oil smoke and dust from workshops in almost all industrial sectors including automotive, aerospace, oil and gas, electronics, railways, steel production, power generation and food processing.
Absolent Invest was advised by Mannheimer Swartling in the transaction. The firm’s team in Germany was led by Oliver Cleblad, primarily assisted by Caroline Siebenbrock genannt Hemker, Rafael Hertz and Alexander von Kleist.