m_and_a
confidence high
sentiment positive
materiality 0.75
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.
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