Datwyler Acquires QSR (Quality Synthetic Rubber) from Q Holding / 3i
April 7, 2022
Datwyler has agreed to acquire QSR (Quality Synthetic Rubber, the Q Holding QSR division) from Q Holding / 3i for approximately $625 million. The acquisition adds specialist electrical-connector sealing and elastomer capabilities to Datwyler's portfolio and strengthens its presence in mobility, industrial and aerospace end markets; proceeds will be used to retire Q's loan facility and return capital to 3i and other investors.
- Buyers
- Datwyler
- Targets
- QSR (Quality Synthetic Rubber, Inc.)
- Sellers
- Q Holding, 3i Group plc
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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