Atmus Filtration Technologies Inc Dossier
Qualitative Analysis
Business overview
Atmus Filtration Technologies Inc. (NYSE: ATMU) is a global leader in the design, manufacture, and sale of advanced filtration and media solutions. Spun out of Cummins Inc. in 2023 after more than 65 years of operation as a business segment, Atmus operates through two primary business segments as of 2026: Power Solutions and Industrial Solutions. The Power Solutions segment serves global on-highway commercial vehicle and off-highway agriculture, construction, mining, and power generation equipment markets under the trusted Fleetguard brand. The Industrial Solutions segment, established following the strategic acquisition of Koch Filter Corporation in January 2026, addresses commercial and industrial HVAC applications, as well as high-growth end markets such as data centers and power generation environments. Atmus serves a highly diversified global customer base across six continents, leveraging 11 distribution centers, 10 manufacturing facilities, and five technical facilities.
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Realigning the organization and adding resources to the account management team to focus on expanding market share with leading OEMs, leveraging technology innovations and preferred brand positioning.
Expected impact: Securing new business wins with major global OEMs for fuel filtration and crankcase ventilation systems.
Expanding product coverage under the Fleetguard brand and utilizing new channels to market to consistently outperform the underlying aftermarket industry.
Expected impact: Targeting outperformance of the underlying aftermarket by approximately two percentage points.
Optimizing supplier management, reducing material and part movement, and synchronizing global planning to focus on on-shelf availability and cost structure transformation.
Expected impact: Improving gross margins and operational throughput while minimizing logistics and manufacturing costs.
Expanding into industrial filtration markets through targeted inorganic acquisitions and organic steps, focusing on three main verticals: industrial air, industrial liquids (excluding water), and industrial water.
Expected impact: Unlocking operational, commercial, and growth synergies by combining advanced media technology with acquired industrial platforms.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
Establishes Atmus' industrial air filtration platform and expands its portfolio into high-growth end-markets, including commercial and industrial HVAC, data centers, and power generation.
Financial impact: Expected to be accretive to Adjusted EPS and Adjusted EBITDA margin in 2026, and to achieve high-single-digit ROIC by 2028. Koch Filter generated $156 million in revenue in its fiscal year ended September 30, 2025.