Freudenberg deal to buy Burgmann’s seals business goes through

By Liz White, ERJ staff
Weinheim, Germany-Freudenberg & Co. has acquired most of Euro 92-million turnover seal maker Burgmann Dichtungswerke, headquartered in Wolfratshausen, Germany, following approval by the German Federal Cartel Office.

“With the acquisition, we are implementing our strategy to grow outside of the automotive sector in a technologically demanding market,” said Dr Peter Stehle a Freudenberg board member.

According to Freudenberg, 120-year-old Burgmann is “one of the world’s leading mechanical seals producers and the market leader in Germany.”

The business, which has little or no…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with