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Recently, Seytec International GmbH, a member of the Freudenberg Group, announced the acquisition of omniTECHNIK in Munich, Germany
All shares of
Mikroverkapselungs.
With the completion of the acquisition, Freudenberg Specialty Chemicals will increase its annual sales by around EUR 20 million
.
omniTECHNIK is an innovative company specializing in fastener coatings, which has been established for more than 40 years
.
The owner of the company, Heinrich
Kuhn-Weiss said: "A key factor in our success is the precote product range
.
Our goal is to be one of the
top suppliers of threadlock products.
As a member of Surtec, we will make more effective use of the market potential
of innovative coating technologies.
”
Lin Zifeng, General Manager of Surtec China, said: "This acquisition has a positive impact on the business development of both parties, especially in the booming fastener industry, where both parties have a common customer base
.
We look forward to in-depth cooperation and exchanges with omniTECHNIK in market development and even product research and development, so as to provide better products and solutions
for the local manufacturing industry.
" ”
