Ontario, California – Datwyler Sealing Solutions (DSS) has completed the acquisition of US-based O-ring manufacturer Parco Inc.
Completed 5 Oct, the deal is set to open up new market segments for the Swiss group, Datwyler said in an 8 Oct statement.
The “strategically attractive” new industries include particularly oil and gas, as well as aerospace, water filtration, farm, construction and fuel-dispensing.
Parco, which employs 275, has a compound development and engineering department as well as its own mixing facility and mould and die production.
The acquired business has four…