Acquiring Parco opens up some new market segments for us and presents us with wide-ranging options for strategic development. Targeted cross-selling will enable us to accelerate the profitable growth that both Parco and Datwyler have been enjoying.Dirk Lambrecht, CEO of the Datwyler Group
Leading manufacturer of O-rings for multiple industries
A family-owned company, Parco is a leading provider of O-rings and customised elastomer seals for multiple industries in the USA. Like Datwyler, Parco also has a compound development and en-gineering department as well as its own mixing facility and mould and die production. Around 275 staff generate annual revenue of some CHF 60 million. With over 70 years’ experience, Parco boasts customer relationships stretching back over many years as well as four cutting-edge produc-tion sites in the USA. Its combination of automated production lines, process efficiency, top quality and strong market positions has put Parco on a profitable growth path. Its current management team will be retained to ensure continuity in the company’s further development.
Gaining access to strategically attractive new industries
With its acquisition of Parco, Datwyler is opening up access to several strategically attractive new industries for the Sealing Solutions division, particularly oil and gas, as well as aerospace, water fil-tration, farm, construction and fuel-dispensing. At the same time, Datwyler is significantly expanding its existing O-ring business, which it acquired in its 2015 takeover of Origom. Targeted cross-selling of existing Datwyler products to Parco’s current customers and vice versa will enable both compa-nies’ profitable growth to be accelerated. Datwyler is also strengthening its presence in the USA, a key market.