Datwyler completes Ott acquisition in the Sealing Solutions division
On 30 September 2016, Datwyler Group completed the acquisition of German company Ott, previously announced in August and, as a result, now owns the company headquartered in Cleebronn. Following the acquisition of German company Ott, Datwyler will be gaining new expertise in technology and materials in its Sealing Solutions division. Injection moulding with thermoplastic and liquid silicone is the ideal match for Datwyler’s existing technologies and offers the company the opportunity to increase the depth of its added value and tap into new niche markets with potential for growth. Ott employs 200 people and generates an annual revenue of around CHF 33 million, putting it 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 Technical Components division is one of Europe’s foremost high-service distributors of electronic, ICT and automation components and accessories. 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. With a total of more than 50 operating companies, sales in over 100 countries and some 7'000 employees, the Datwyler Group generates annual revenue of some CHF 1'200 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/
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7 February 2017: Annual press and analyst conference
7 March 2017: Annual General Meeting