Freudenberg Sealing Technologies Strengthens Service Business

Freudenberg Xpress® acquires Trygonal Group

Weinheim (Germany), May 3, 2024 – Sealing manufacturer Freudenberg Sealing Technologies has acquired the Trygonal Group effective April 30, 2024, strengthening its global business unit Freudenberg Xpress®, an expert in small and medium batch sizes, rapid prototyping, and customer-specific sealing solutions. The acquisition is an important milestone in the current corporate strategy to increase the service business. The parties have agreed not to disclose the purchase price. The takeover is still subject to approval by the antitrust authorities.

The Trygonal Group recently generated annual sales of over 30 million euros. 220 employees at eight locations in Germany, Spain, Austria and in Switzerland produce high-quality, customized sealing solutions in the areas of thermoplastics, elastomers and rubber-metal compounds using a wide range of manufacturing processes.

With the acquisition, Freudenberg Xpress® is thus further expanding the capacities of its existing core business with CNC-turned products.

The acquisition also allows a significantly expanded range of Freudenberg’s own materials to be included in the Freudenberg Xpress® portfolio, explains Grünschloß. “Freudenberg’s materials competence and expertise are currently more in demand than ever. It is therefore a strategic decision for Freudenberg Xpress® to make even greater use of this capability in order to offer even better solutions tailored to the customer.”

Image: FST_img_FreudenbergXpress.jpg /  © Westend61 via Getty Images/Freudenberg Sealing Technologies 2024

Caption: Freudenberg Xpress® is part of Freudenberg Sealing Technologies and manufactures high-quality CNC machined seals from Freudenberg materials and profiles for industries such as fluid technology, process industry, heavy industry and agriculture.

More information at www.fst.com.