Atmus Becomes a Fully Independent Company Following Final Separation from Cummins
18 Marzo 2024 - 8:24PM
Business Wire
Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) today
announced its separation from Cummins Inc. (“Cummins”), marking
Atmus’ first day as a fully independent company.
“Today we celebrate a new day for Atmus,” shared Steph Disher,
Chief Executive Officer of Atmus. “As we look at what’s next for
Atmus, we have a clear strategy along with a talented and dedicated
team that continues to deliver the filtration solutions our
customers expect from us. I am excited about all we will achieve as
we realize our purpose of creating a better future by protecting
what is important.”
As separately announced today, Cummins accepted an aggregate of
5,574,051 shares of Cummins common stock in exchange for 67,054,719
shares of Atmus common stock.
Full details of the results are available in a separate press
release issued by Cummins.
About Atmus
Atmus Filtration Technologies Inc. is a global leader in
filtration and media solutions. For more than 65 years, the company
has combined its culture of innovation with a rich history of
designing and manufacturing filtration solutions. With a presence
on six continents, Atmus serves customers across truck, bus,
agriculture, construction, mining, marine and power generation
vehicle and equipment markets, along with comprehensive aftermarket
support and solutions. Headquartered in Nashville, Tennessee
(U.S.), Atmus employs approximately 4,500 people globally who are
committed to creating a better future by protecting what is
important. Learn more at https://www.atmus.com/
Forward-Looking
Statements
This communication contains certain statements about Atmus that
are forward-looking statements. Forward-looking statements are
based on current expectations and assumptions regarding Atmus’
business, the economy and other future conditions. In addition, the
forward-looking statements contained in this communication may
include statements about the expected effects on Atmus of the
exchange offer, the anticipated benefits of the exchange offer,
Atmus’ anticipated financial results, and all other statements in
this communication that are not historical facts.
Because forward-looking statements relate to the future, by
their nature, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and are
detailed more fully in Atmus’ periodic reports filed from time to
time with the U.S. Securities and Exchange Commission. Such
uncertainties, risks and changes in circumstances could cause
actual results to differ materially from those expressed or implied
in such forward-looking statements. Forward-looking statements
included herein are made as of the date hereof, and Atmus
undertakes no obligation to update publicly such statements to
reflect subsequent events or circumstances, except to the extent
required by applicable securities laws. Investors should not put
undue reliance on forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240318121584/en/
Investor Relations: Todd Chirillo
investor.relations@atmus.com Media Relations: Keri Moenssen
media.inquiries@atmus.com
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