Traboch-based company supplies sealing systems, components and tools from three factories in Austria, US
Weinheim, Germany – Freudenberg Sealing Technologies (FST) has agreed to acquire the DMH Group, a seals specialist based in Traboch, Austria.
The transaction is subject to approval by antitrust authorities, said FST in a 22 Sept statement, without disclosing the value of the deal.
According to FST, the Austrian sealing systems specialist employs around 200 people across three sites – two in Austria and one in the US – and recently reported annual sales in the “double-digit million euro” range.
The company manufactures customised sealing solutions from thermoplastics, elastomers and metal, and also supplies components, tools and CNC machines for high-precision seal production.
Its portfolio also includes a software system that supports "customised sealing designs."
The acquisition “strategically expands” FST’s product and service offering and strengthens its presence in the region, said Sebastian Gruenschloss, VP lead centre Xpress customized solutions at FST.
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