Datwyler establishes S. American automotive base with Brazilian acquisition

Rio Grande do Sul, Brazil –Datwyler Sealing Solutions (DSS) has acquired Brazilian automotive supplier BINS Indústria de Artefatos de Borracha Ltda to improve access to the South American automotive industry.

Part of the Swiss manufacturing group Datwyler Holding AG, DSS said the deal was signed 23 Aug and is set to be completed at the end of the month, subject to regulatory conditions. The two sides did not disclose financial details of the transaction.

With the acquisition, DSS said it is “closing a key geographical gap” in…

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