Datwyler closed the acquisition of US company QSR
特别公告. | May 16, 2022
Datwyler closed the announced acquisition of QSR on 13 May 2022 and is now the owner of the US company. With this strategically important acquisition, Datwyler has become a leading supplier of high-quality seals and components for electrical connectors.
By closing the strategically important acquisition of QSR, Datwyler has become a leading global supplier of system-critical sealing solutions for electrical connectors for a wide range of industries. QSR is an ideal fit with Datwyler in terms of strategy, core competencies and culture and will further accelerate the company’s profitable growth. With its significantly strengthened market positions in the US and Asia, Datwyler will be able to substantially reduce its dependency on the European market. The new Connectors business unit, which will be independent in future, will also enable cross-selling with the Mobility and General Industry business units.
Growth opportunities thanks to megatrends
Thanks to several megatrends such as electrification, connectivity, the Internet of Things and Industry 4.0, these seals and components harbor attractive growth opportunities in the coming years, with an expected average annual growth rate of 9%. With five plants and supporting units in the US, Mexico and China, as well as 1’250 employees, QSR achieved sales of USD 164 million and an adjusted EBITDA of USD 44 million in 2021.
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