Datwyler to acquire QSR from 3I-backed Q Holding.

Datwyler, a provider of high-quality, system-critical elastomer components, agreed to acquire QSR, a supplier of high-quality seals and components for electrical connectors made of silicone, from 3I-backed Q Holding, a global manufacturer of highly-engineered medical devices. Financial terms were not disclosed. "We have proven for many years that we can benefit over-proportionally from the growth trends in our markets. With the investments and expansions we have made, we are more than ever in a position to leverage today's trends such as electrification, connectivity, Industry 4.0 and the Internet of Things for profitable growth. The QSR team looks very much forward of becoming part of Datwyler. Its leading positions in adjacent markets and its strong sales network in Europe will further accelerate our growth," Mauricio Arellano, Q-Holding CEO.