Miele acquires 100% of Eurofilters

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Miele took out a 100% stake in the family-owned Eurofilters company. This is headquartered in the Belgian town of Pelt and stands for highly effective solutions based on random-spun fibres, such as materials for face masks and dust bags. The two companies have a long and successful business relationship as Eurofilters already produces a large proportion of the dust bags available from Miele. Eurofilters was founded in 1977 by the Schultink family and employs a workforce of just under 160. Management is currently shared between Jan Schultink as CEO and Frits Schultink as CFO, whowill withdraw from the company in the medium term for age-related reasons.

«With its outstanding portfolio of products and patents, Eurofilters represents an excellent match for Miele for a variety of reasons – explains Gernot Trettenbrein, senior vice president of the Miele Group and head of Miele’s New Growth Factory business unit -. On the one hand, this opens up new business fields for Miele and, on the other hand, Miele increases its own command of the value creation chain in its strategically important business with vacuum cleaner accessories. This allows us to manage the further development of the portfolio ourselves here as well, for example with regard to quality and sustainability aspect.s At the same time, we look forward to continue and further expand Eurofilters’ well-established supplier relationships.»