Following the acquisition of German company Ott, Datwyler will be gaining new expertise in technology and materials in its Sealing Solutions division. Injection moulding with thermoplastic and liquid silicone is the ideal match for Datwyler’s existing technologies and offers the company the opportunity to increase the depth of its added value and tap into new niche markets with potential for growth. Ott employs 200 people and generates an annual revenue of around CHF 33 million, putting it on course to achieve profitable growth.
Datwyler completes Ott acquisition in the Sealing Solutions division.
On 30 September 2016, Datwyler Group completed the acquisition of German company Ott, previously announced in August and, as a result, now owns the company headquartered in Cleebronn.