Cummins Inc. on Wednesday, May 2, announced that it has signed an agreement to acquire the assets associated with the emissions control products of Hilite International. Hilite’s selective catalytic reduction doser technology will become part of Cummins Emission Solutions, allowing Cummins to serve all major market applications with a Cummins doser.
The purchase price was not disclosed, and the acquisition, expected to close in the third quarter of 2012, is subject to German regulatory approval. Hilite, based in Marktheidenfeld, Germany, is a portfolio company of 3i.
“Hilite’s technology complements our internal development efforts, and the combined product portfolio will significantly enhance our overall aftertreatment components growth strategy,” says Srikanth Padmanabhan, CES vice president and General manager. “Furthermore, Hilite’s strong European presence and their experienced team of engineers will be valuable to Cummins.”