-

Donaldson Company Announces the Termination of the Purchase Offer for its Exhaust and Emissions Business

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that it has reached a mutual agreement with Nelson Global Products, Inc. (“Nelson”) to terminate Nelson’s previously disclosed purchase offer for Donaldson’s Exhaust and Emissions (“E&E”) business.

“While we are disappointed the acquisition of our E&E business by Nelson will not be completed, we remain focused on our employees, customers and suppliers,” said Tod Carpenter, chairman, president and chief executive officer. “Our E&E business is defined by an incredibly talented team, robust engineering capabilities and strong customer relationships. We remain committed to delivering quality emissions products in parallel with ongoing optimization efforts to ensure our business portfolio creates long-term value for our stakeholders.”

Donaldson announced Nelson’s purchase offer for its Exhaust and Emissions business on February 24, 2020. For more information, please see the associated press release on Donaldson’s Investor Relations website at IR.Donaldson.com.

About Donaldson Company

Founded in 1915, Donaldson Company is a global leader in the filtration industry with sales, manufacturing and distribution locations around the world. Donaldson’s innovative technologies are designed to solve complex filtration challenges and enhance customers’ equipment performance. For more information, visit www.Donaldson.com.

Contacts

Brad Pogalz (952) 887-3753

Industry:

Donaldson Company, Inc.

NYSE:DCI
Release Summary
Donaldson Company reached a mutual agreement with Nelson Global Products to terminate Nelson's offer to purchase its Exhaust and Emissions business.
Release Versions
English
$Cashtags
$DCI

Contacts

Brad Pogalz (952) 887-3753

More News From Donaldson Company, Inc.

Donaldson Reports Record First Quarter Fiscal Year 2026 Sales and Earnings

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported first quarter fiscal 2026 generally accepted accounting principles (GAAP) net earnings of $113.9 million, compared with $99.0 million a year ago. Earnings per share (EPS)1 were $0.97 compared with first quarter fiscal 2025 EPS of $0.81. First quarter fiscal 2026 results include a $4.3 million pre-tax, non-recurring net...

Donaldson Company Announces Preliminary Results of Annual Meeting, Shareholders Elect New Director Dan Shine to Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) held its annual meeting of stockholders today. Preliminary voting results indicate stockholders owning a majority of shares supported: The election of four directors, including new director Dan Shine, The Company’s executive compensation practices, and Ratification of PricewaterhouseCoopers as Donaldson’s independent public accountant. Additionally, Will Oberton, former lead independent director, retired from the Donaldson today...

Donaldson Company Declares Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced its Board of Directors declared a regular cash dividend of 30.0 cents per share. The dividend is payable December 22, 2025, to shareholders of record on December 5, 2025. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2025 will mark the 30th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 70 years. About Donaldson C...
Back to Newsroom