Acquisition Eagle Burgmann to Expand Competence in Gas Seals in China
Eagle Burgmann, a Joint Venture of the Freudenberg and EKK Group, has acquired Tianjin Nibot Seal Technology, the Chinese company in Tianjin, to 100 %, to boosts its strategic alignment towards the end user business in gas seals in China.
Wolfratshausen/Germany – Tianjin Nibot Seal Technology is an experienced specialist with regard to maintenance, retrofit, repair and service of gas seals in the e.g. oil & gas and petrochemical and chemical industry sectors. “The acquisition is important to us in so far because it noticeably boosts our strategic alignment towards the end user business in China, making us even more competitive,” says Dr. Stefan Sacré, CEO of Eagle Burgmann. “In addition to our successful business with compressor manufacturers, our newly acquired experts now let us offer even better and more long-term service for gas seals.”
Eagle Burgmann has more than 13 sales offices and Service Centers located in industrial conurbations in China such as e.g. Beijing, Dushanzi, Guangzhou, Nanjing, Ningbo, Shenyang, Tianjin, Wuhan, Xinjiang, Xi’an, Yulin or Zibo. And so the new subsidiary Tianjin Nibot Seal Technology, who owns numerous patents and licenses and is listed as supplier with the major operators, has access to a comprehensive network of locations.
“With this acquisition we vastly improved our opportunities and growth possibilities in the oil & gas or petrochemistry markets. Our mutual engineering and production know-how with strong service orientation enables us to decisively expand our position as the provider of high tech seal technology,” explains Simon Guo, CEO of Eagle Burgmann China.
As one of the worldwide leading seal manufacturers, Eagle Burgmann has been represented in China since the mid-1990s with more than 400 employees.