Modern Air System rebrands as Hilson Filtration Products in MBO

Modern Air System rebrands as Hilson Filtration Products in MBO
Managing director Vas Mistry takes control of Ashton-under-Lyne firm

The Greater Manchester firm formerly known as Modern Air Systems has undergone a management buy out led by the firm’s managing director Vas Mistry for an undisclosed fee.

The business has been relaunched as Hilson Filtration Products.

Funding to assist the deal has been structured by Allied Irish Bank (GB) with facilities being provided consisting of a term loan and an invoice discounting line.

Based in Ashton-under-Lyne, Hilson Filtration Products employs 18 people and has a turnover of £1.6m.

It is the UK’s leading manufacturer of filter cages and designs and manufactures a comprehensive range of filter cages for all the major dust collector original equipment manufacturers and end-user markets in both the UK and worldwide.

Hilson Filtration Products operates from a 25,000 q ft manufacturing facility incorporating automated CNC controlled machinery, QA/QC procedures and a skilled and experienced workforce, all regulated to ISO-9001 standards.

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