Announced

Mutares to acquire Sealynx International from GMD Group.

Synopsis

Mutares, a private equity firm, agreed to acquire Sealynx International, a manufacturer and supplier of high-quality car static and dynamic sealings, from GMD Group. Financial terms were not disclosed. “We are very happy to make this important step towards the acquisition of Sealynx International and start creating significant growth and cost synergies with our SFC Solutions Group to become a significant player in the European sealing business," Johannes Laumann, Mutares CIO.

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