US seals maker acquires Austria’s Plastoseal

Cleveland, Ohio – US seals supplier System Seals Inc. has acquired Plastoseal Produktions GmbH, an Austrian-based manufacturer of “highly engineered sealing solutions”.

The deal, said System Seals 24 June, enhances the company’s GlobalOne programme which offers a comprehensive approach to managing supply chain logistics for seal customers worldwide.

“We are pleased with this transaction because both companies share very similar value propositions, as well as company cultures,” System Seals president Arnold von Engelbrechten said in a statement.

According to System Seals, Plastoseal has developed into “a market leader”…

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