The Camfil Group is a producer and developer of and clean air products. Camfil has 24 production units and R&D centres in four countries in the Americas, Europe and the Asia-Pacific region.
The Group, headquartered in Stockholm, Sweden, has approximately 5,700 employees and sales of around $1 billion. International markets account for more than 90 percent of sales. The company trades in four main segments: Air Pollution Control, Filtration Solutions, Power Systems and Molecular Contamination Control.
History
The global Camfil Group
[ Camfil USA Air Filters] started out as a family business in the town of
Trosa,
Sweden, located about south of Stockholm. Camfil was founded in Trosa in 1963 by the Larson family, still one of the company's principal owners, as a joint venture with Cambridge Filtration Corporation in the United States. In 1983, the family bought Cambridge's shares. Camfil was wholly owned by the family until 2000, when
Ratos AB, a
Swedish language private equity company, received 29.7 percent of the shares in connection with the acquisition of Farr in the United States, which was then listed on
NASDAQ.
[ Ratos Closes Successful Tender Offer for Farr Company, Business Wire 2000-05-02] Ratos sold its shares in 2010 to the other owners, families Larson and Markman.
[ Ratos’s Camfil sale nets SEK 610m , unquote.com 2010-11-15]