ERJ staff report (DS)
Weinheim, Germany -- Freudenberg Sealing Technologies is acquiring 50 percent of the shares of the Schneegans group. The company, which will be renamed Schneegans Freudenberg, has production facilities in Emmerich, Germany, and Losenstein, Austria.
Schneegans has an innovative multi-component injection moulding technology aimed mainly at thermoplastics, but which also operates with some elastomeric components.
The Schneegans group has a total workforce of approximately 240 and generated sales of roughly â‚¬45 million in 2011.
The multi-component injection moulding production method developed by Schneegans GmbH enables the manufacture of sophisticated thermoplastic seal components, such as components for automotive engine compartments, in only a few processing steps.
The joint venture's product range not only includes housing covers with integrated seals for water pumps and automatic transmissions, but also oil dipsticks with all sealing functions and a large selection of functional components which are integrated in the seal using the multi-component injection molding process.
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Press release from Freudenberg