Camfil

{{Short description|Swedish air filter company}}

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{{advert|date=July 2014}}

{{notability|Companies|date=July 2014}}

{{Primary sources|date=April 2009}}

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{{Infobox company

| name = Camfil.

| type = Aktiebolag 100 % private ownership

| foundation = Company founded 1963 in Trosa by Gösta Larson under the name Camfil AB

| location = Camfil AB, Stockholm, Sweden

| key_people = Mark Simmons (CEO) since 2019, Jan Eric Larson (Chairman of the board) since 1983

| area_served = Worldwide

| industry = Air filtration

| revenue = $1 billion (2023)

| num_employees = app. 5,700 (2024)

| homepage = [http://www.camfil.com/ www.camfil.com]

}}

The Camfil Group is a producer and developer of air filters 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.{{Cite web|last=|first=|date=|title=Camfil AB - Company Profile and News - Bloomberg Markets|url=https://www.bloomberg.com/profile/company/3494247Z:SS|archive-url=|archive-date=|access-date=2020-07-26|website=Bloomberg.com}}

The Group, headquartered in Stockholm, Sweden, has approximately 5,700 employees and sales of around $1 billion.{{cite web |title=About Camfil |url=https://www.camfil.com/en-us/about-us/about-camfil |website=Camfil - About |publisher=camfil.com |access-date=8 May 2023 |ref=About}} 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.{{cite web |title=Camfil Business Areas |url=https://www.camfil.com/en-us/about-us/about-camfil/business-areas |website=Camfil |publisher=Camfil.com |access-date=8 May 2023 |ref=Camfil Business Areas}}

History

The global Camfil Group[http://www.camfil.us/ Camfil USA Air Filters] started out as a family business in the town of Trosa, Sweden, located about {{convert|70|km|mi|abbr=on}} 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 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.[http://findarticles.com/p/articles/mi_m0EIN/is_2000_May_2/ai_61848499/ 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.[http://www.unquote.com/nordics/official-record/1896044/ratos-s-camfil-sale-nets-sek-610m Ratos’s Camfil sale nets SEK 610m] {{webarchive|url=https://archive.today/20130205043644/http://www.unquote.com/nordics/official-record/1896044/ratos-s-camfil-sale-nets-sek-610m |date=2013-02-05 }}, unquote.com 2010-11-15

References