Donaldson Company, Inc.

https://www.donaldson.com/en-us/

Donaldson Company, Inc. is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Founded in 1915, the company's mission is "to advance the world's filtration for a cleaner, safer life." Headquartered in Bloomington, Minnesota, Donaldson operates with a commitment to innovation and sustainability.

The company's extensive product portfolio includes air, liquid, and exhaust filtration systems, as well as replacement parts for diverse applications. Key offerings span dust, fume, and mist collectors, compressed air purification systems, and specialized filtration for gas turbines, computer hard disk drives, and semiconductor manufacturing. Donaldson serves a wide array of sectors, categorized into three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences. These segments cater to industries such as commercial/industrial, aerospace, chemical, alternative energy, food & beverage, pharmaceuticals, construction, mining, agriculture, transportation, manufacturing, and power generation.

In recent leadership changes, Rich Lewis assumed the role of President and Chief Executive Officer on March 2, 2026, succeeding Tod Carpenter, who transitioned to executive chairman. Donaldson continues to expand its market presence, notably with the acquisition of Filtration Group's Facet Filtration business for $820 million in February 2026, enhancing its fuel and fluid filtration capabilities. The company also introduced its next-generation ArmorSeal™ air filtration technology in February 2026. Demonstrating its commitment to sustainability, Donaldson's fiscal year 2025 Sustainability Report, released in April 2026, highlighted an 80% increase in renewable energy use since FY21 and a more than 20% reduction in Scope 1 and 2 greenhouse gas emissions. The company reported record sales and earnings in fiscal year 2024, with $3.6 billion in sales and a GAAP EPS of $3.38.

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CID: 1771