The light vehicle aftermarket (LVA) Purolator filters business in North America is being sold by Troy, MI-based parent ArvinMeritor to Bosch and Mann+Hummel for an undisclosed sum as part of its previously announced strategy to divest itself of its LVA businesses.
Bosch and Mann+Hummel intend to operate the Fayetteville, N.C-based Purolator as a joint venture. Purolator is one of the largest manufacturers of oil, air, fuel and cabin filters, with production operations in Fayetteville, a distribution facility in Salt Lake City, UT, and a marketing and administrative center in Brentwood, TN.
“The sale of Purolator is another key strategic step that enables us to focus on our core competencies and strengthen our financial position,” said Chip McClure, ArvinMeritor’s chairman, CEO and president. “While Purolator is a strong business with a long heritage and a talented workforce, it is a business that no longer fits our long-term strategy.”