News Releases - Datwyler Sealing Solutions USA, Inc

DATWYLER REINFORCES SALES AND DISTRIBUTION TO THE US AUTOMOTIVE INDUSTRY

Datwyler is acquiring a business to reinforce its Sealing Solutions Division’s sales and distribution organization for the US automotive industry. On 17 October, Datwyler signed a contract to acquire Keystone Holdings, Inc., the parent company of Columbia Engineered Rubber, Inc., Dayton, Ohio, USA. Completion of the agreement is scheduled for the end of October 2014 subject to compliance with customary closing conditions. The parties have agreed not to disclose the purchase price.

Long-standing customer relationships 
Columbia Engineered Rubber specializes in the engineering, manufacturing, sales and distribution of custom rubber components and has long-standing relationships in the American automotive industry. The company employs approximately 70 people, generates annual revenue of almost CHF 25 million and is growing profitably. Columbia Engineered Rubber is a natural extension to the Datwyler Group as it has a long-term relationship with Datwyler Sealing Solutions (Anhui) Co., Ltd., which Datwyler acquired in China in 2012.

Local engineering and prototyping 
By acquiring Columbia Engineered Rubber, Datwyler is reinforcing its sales, distribution and engineering organization for the American automotive industry and other industrial markets. In addition, Datwyler will be able to offer US customers local engineering and prototyping services for rubber components. Mark and Bryan Bueltel, who together with their families are the current owners of Keystone Holdings, Inc., will continue to manage and develop the business alongside the management team and associates of Columbia Engineered Rubber.

Products Examples by Category
Rubber Molding & Manufacturing:
Engineering, R&D, Product Realization:
Industry Experience & Solutions:
Molded Rubber