Datwyler closed the acquisition of US company QSR
By closing the strategically important acquisition of QSR, Datwyler has become a leading global supplier of systemcritical 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.
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 attractive global markets such as healthcare, mobility, connectivity, general industry and food & beverage. With its recognized core competencies 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 more than 20 operating companies, sales in over 100 countries and close to 7’000 employees Dat-wyler, headquartered in Switzerland, generates annual sales of more than CHF 1’000 million. The company has been listed on the SIX Swiss Exchange since 1986 (security no. 3048677)
Dätwyler Holding AG
Gotthardstr. 31
CH6460 Altdorf
Telefon: +41 (41) 8751304
Telefax: +41 (41) 8751205
http://www.daetwyler.ch
Head Corporate Communications
Telefon: +41 (41) 87519-00
Fax: +41 (41) 87512-05
E-Mail: guido.unternaehrer@daetwyler.ch
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