DONALDSON EUROPE AND JOHNSEN OIL A/S SIGN STRATEGIC PARTNERSHIP AGREEMENT

The companies signed the Strategic Partnership agreement on July 15, 2011 at Donaldson Headquarters in Belgium. Donaldson Europe was represented by Development Manager Fabrice Noël and Development Manager Niko Verhaegen. Johnsen Oil was represented by its CEO, Henrik Karlsgaard.

“We are now starting the process with regards to developing a close business relationship with Donaldson Europe, which we believe will bring several benefits to the industry segments that we operate in,” comments Henrik Karlsgaard, CEO, Johnsen Oil.

“The strategic partnership has potential in the development of new products and solutions, in addition to offering improved filtration systems procurement across the wide range of markets and industries that rely on Johnsen Oil and Donaldson Europe products,” continues Karlsgaard.

Donaldson Company, Inc., is a leading worldwide provider of filtration systems and replacement parts. Founded in 1915, it is a technology-driven company committed to satisfying customer needs for filtration solutions through innovative research and development. The company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles.

Johnsen Oil’s unique liquid filtration products are based on a new generation of environmentally focused filtration technology. The benefits of this technology have already been recognised in the rail and heavy industry sectors in Europe, Russia and Asia, with several large supply agreements and partnerships already secured by Johnsen Oil.

“Both parties are looking forward to developing a meaningful partnership going forward. As Donaldson is a leading global filtration solution company, we are confident that together with Johnsen Oil, we can support each other’s technical, commercial and logistical requirements in further developing the various markets we serve,” comments Niko Verhaegen, Development Manager, Donaldson Europe.