Sale of the Datwyler specialist distribution business to Eriks completed

Altdorf, (PresseBox) - On 1 April The Datwyler Group closed the sale of the specialist distribution business Maagtechnic, which was announced on 11 February. The antitrust authorities approved the transaction without imposing any restrictions. Thus, all terms of the contract have been fulfilled and the Dutch Eriks Group has become the owner of all companies of the former specialist distribution business Maagtechnic. The parties agreed not to disclose the details of the transaction.

Following the sale of the specialist distribution business Maagtechnic, the Datwyler Group now consists of two divisions with strong growth and margins and a focus on clearly defined core competencies and markets. The Technical Components division from now on will concentrate on the distribution of electronics, automation and ICT components. With the synergetic business models Online Distribution and Branded Wholesale, the European markets are covered. The Sealing Solutions Division is a leading supplier of high quality sealing solutions to global market segments, such as the automotive, health care, civil engineering and consumer goods industries. The 2013 results have proven that the clear strategic focus is worthwhile and helps to strengthen the Group's earning power.

Dätwyler Holding AG

The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Technical Components Division is one of Europe's foremost highservice distributors of electronic, automation and ICT components and accessories. The Sealing Solutions Division is a leading supplier of customised sealing solutions to global market segments, such as the automotive, health care, civil engineering and consumer goods industries etc. With a total of more than 50 operating companies, sales in over 100 countries and some 6,500 employees, the Datwyler Group generates annual revenue of some CHF 1,300 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.