Swedish industrial group Indutrade is to acquire all of the shares in Czech
silicone moulder Silroc CZ, which has annual sales of approximately CZK85
million. Terms were not disclosed.
Silroc is a manufacturing company, designing and producing customised parts and components from liquid silicone rubber in injection moulding presses. The silicone’s characteristics such as low thermal conductivity, minimal chemical reactivity, as well as microbiological growth resistance, makes Silroc’s components and products value adding in a broad number of
industries.
Customer segments range from med tech, pharma and industrial markets. The comprehensive offering includes for example products for hospital equipment such as tube sets, single-use assemblies in Silroc’s own clean-room production, as well as customised components for powder coating processes.
To serve the mainly international customers, Silroc has 70 employees at the
production site in Tanvald, Czech Republic and a sales branch office in
Penzberg, Germany.
The acquisition is expected to have a marginally positive impact on
Indutrade’s earnings per share.
Set up in 1978, today Indutrade has more than 200 companies in its portfolio with 7,000 employees in more than 30 countries.