Posted to News on 29th Oct 2013, 16:35
ERIKS acquires Leader Global Technologies in the US and Slovakia
ERIKS is announcing that it has acquired substantially all of the commercial activities of Leader Global Technologies (Leader), a manufacturer and provider of spiral wound and metal gaskets for a variety of industrial applications worldwide. Leader is headquartered in Houston, Texas with additional operations in Baton Rouge, LA and Byta, Slovakia.
Speaking on the acquisition, ERIKS CEO Johan Sleebus says: "The acquisition of Leader brings ERIKS a well-known brand in a key product category. The company manufactures high-quality products for use in end markets that are at the core of ERIKS' global technical services strategy."
Leader has a well-established business model of providing "Engineered Sealing Solutions through Partnered Distribution". The company will continue to implement this channel strategy on a global basis. The Leader US operations will become a part of the ERIKS North America business while the Byta, Slovakia manufacturing facility will become part of the ERIKS European operations.
For further information about the Leader Global Technologies (Leader) acquisition, please email [email protected], or visit www.eriks.co.uk.
