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Domnick Hunter

Domnick Hunter, the filtration specialist, has accepted a £215m takeover bid from Parker Hannifin of the US.

Domnick Hunter is to create 70 new jobs at its process filtration business in County Durham, as part of a £4.5m investment programme.

Domnick Hunter has acquired PTI Technologies of Sheffield and PTI Advanced Filtration of the US from Esco Technologies for £10m.

Domnick Hunter is to invest £2m in new equipment for its gas filter and dryer factory in Birtley, with the creation of more than 60 jobs.

Domnick Hunter is planning to create 100 new jobs over the next year at its industrial filter factories in the North East.

Domnick Hunter is acquiring the industrial products division of Hiross of Italy for about £8m.

Domnick Hunter has acquired Xebec, the Canadian compressed air and gas dryers company, for up to £1.5m.