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Press release Box-ID: 1003585

Dätwyler Holding AG Gotthardstr. 31 6460 Altdorf, Switzerland http://www.daetwyler.ch
Contact Mr Guido Unternährer +41 41 875 19 00
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Dätwyler Holding AG

Datwyler sells civil engineering business to management team

(PresseBox) (Altdorf, )
Datwyler sold its civil engineering business to representatives of the existing management on 28 April 2020. The management buy-out is supported by the Hamburg-based private equity firm BPE, which specializes in transactions in the German midsized sector since over 20 years. The closing of the agreement is scheduled for 4 May 2020.

The company being sold is Datwyler Sealing Technologies Deutschland GmbH, including its associated operational real estate. The company combines the civil engineering business with elastomer profiles for applications in tunnels, underground construction and track superstructures at the German locationWaltershausen. Some 180 employees generate annual sales of around CHF 40 million. The parties have agreed not to disclose details of the transactions.

Following the previously announced sale of the distribution companies Distrelec and Nedis, Datwyler will in future focus on the growing and high-margin business of sealing components for attractive global markets such as healthcare, mobility, oil & gas, food & beverage and general industry.

Dätwyler Holding AG

Datwyler - leading provider of high-quality, system-critical elastomer components
Datwyler is focusing on high-quality, system-critical elastomer components and has leading positions in attrac-tive global markets such as healthcare, mobility, oil & gas and food & beverage. With its recognized core com-petencies and technological leadership, the company delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. With a global presence with more than 20 operating companies, sales in over 100 countries and more than 7'000 employees Datwyler, headquartered in Switzerland, generates annual sales of more than CHF 1'000 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security no. 3048677).

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.