---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-032803"
form_type: "8-K"
ticker: "DCI"
cik: "0000029644"
company_name: "DONALDSON Co INC"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:47:14.304068+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-032803
- form_type: 8-K
- ticker: DCI
- cik: 0000029644
- company_name: DONALDSON Co INC
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29644/000119312526032803/0001193125-26-032803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29644/000119312526032803/d82928d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-032803
- JSON: https://secwatch.observer/filing/0001193125-26-032803.json
- Plain text: https://secwatch.observer/filing/0001193125-26-032803.txt

## Key facts
- Material Agreements
  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
  source text: On January 31, 2026, Donaldson Company, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with Facet Group Holdings II LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/29644/000119312526032803/0001193125-26-032803-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.