Datwyler completes Bins acquisition in the Sealing Solutions division
On 31 August 2018, Datwyler Group completed the acquisition of Bins Indústria de Artefatos de Borracha Ltda., previously announced on 24 August and, as a result, now owns the Brazilian company.
The takeover of Brazilian company Bins will improve access to South America’s automotive industry for Datwyler’s Sealing Solutions division. The company is thus closing a key geographical gap in its Automotive market segment and now has production plants in all its relevant markets. Bins employs some 350 people and generates annual revenue of around CHF 20 million. Following the most recent recession in Brazil, it is back on course to achieve profitable growth.
Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. The Technical Components division is one of Europe’s foremost high-service distributors of maintenance, automation, electronic and ICT components and accessories. With a total of some 50 operating companies, sales in over 100 countries and more than 7’500 employees, the Datwyler Group generates annual revenue of some CHF 1’300 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).
Enquiries: Guido Unternährer, Head of Corporate Communications, +41 41 875 19 00
Photos (in print quality): http://www.datwyler.com/en/media/image-library/
Annual Press Conference and Analyst Conference 8 February 2019
Annual General Meeting 12 March 2019
Interim Report 2019 13 August 2019