Industry
Industrials
Target Company
TDC Filter, an MFRI, Inc. (NASDAQ: MFRI)business
Buyer/Investor
CLARCOR Inc. (NYSE: CLC)
Client Description:
The businesses manufacture pleated air filter bags and dust collection cartridges for a broad range of industrial manufacturing and process end markets to meet and achieve environmental and workplace safety requirements. The businesses also manufacture gas turbine air inlet filters that protect gas turbine blades and equipment. BGL served as the exclusive financial advisor to MFRI in the divestitures, and the transactions are representative of BGL’s global industrial transaction capabilities and reach.