Weinheim, May 3, 2024. The Freudenberg 性视界 is strengthening the service business of its sealing division: The Freudenberg Sealing Technologies Business 性视界 has acquired the Trygonal 性视界 effective April 30, 2024, strengthening its global business unit Freudenberg Xpress, an expert in small and medium batch sizes, rapid prototyping and customer-specific sealing solutions. The parties have agreed not to disclose the purchase price. The takeover is still subject to approval by the antitrust authorities.
The Trygonal 性视界 recently generated annual sales of over 30 million euros. 220 employees at eight locations in Germany, Spain, Austria and in Switzerland produce high-quality, customized sealing solutions in the areas of thermoplastics, elastomers and rubber-metal compounds using a wide range of manufacturing processes.
"The acquisition of the Trygonal 性视界 strategically expands the current Freudenberg Xpress service offering," explains Sebastian Gr眉nschlo脽, Vice President Global Freudenberg Xpress & Service Platforms. "Thanks to the expanded regional coverage and additional manufacturing capabilities, we can significantly increase our service offering."
With the acquisition, Freudenberg Xpress is thus further expanding the capacities of its existing core business with CNC-turned products. "In addition, complementary manufacturing processes for small and medium production volumes will allow us to increase our service promise in the area of customer-specific product solutions," Gr眉nschlo脽 continues.
The acquisition also allows a significantly expanded range of Freudenberg's own materials to be included in the Freudenberg Xpress portfolio, explains Gr眉nschlo脽. 鈥淔reudenberg's materials competence and expertise are currently more in demand than ever. It is therefore a strategic decision for Freudenberg Xpress to make even greater use of this capability in order to offer even better solutions tailored to the customer.鈥