Donaldson to acquire Facet for $820M in cash; expects EPS accretion by FY2027

DONALDSON Co INC

Purchase price ~20x CY2025 EBITDA (or 16.6x adjusted for tax benefits and synergies).
Facet generated $108M sales in 2025; ~70% from regulated replacement consumables.
Acquisition adds fuel/fluid filtration for aerospace, defense, and power generation markets.
Transaction funded via cash on hand and new debt; expected to close by Oct 31, 2026.
Immediate margin accretion and EPS accretion projected in fiscal year 2027.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DONALDSON Co INC entered into Securities Purchase Agreement with Facet Group Holdings II LLC and Facet Holdings II B.V. valued at $820 million (effective 2026-01-31).

Action: entry
Agreement: asset purchase
Counterparty: Facet Group Holdings II LLC and Facet Holdings II B.V.
Value: $820 million
Effective: 2026-01-31

Exact text from the filing

On January 31, 2026, Donaldson Company, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with Facet Group Holdings II LLC

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244 material agreements filed in the last 30 days. Browse all material agreements →

DONALDSON Co INC filing history →

Source: SEC EDGAR

accession 0001193125-26-032803

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