CINCINNATI—Custom sealing solutions company Sur-Seal Co. has acquired Mueller Custom Cut, a Charlotte, N.C.-based gasket manufacturer, expanding the acquiring company's reach into the southeastern region of the U.S.
The combined organization will "offer a broad portfolio of performance materials and enhanced manufacturing techniques," Sur-Seal said in a March 17 news release.
Details of the acquisition were not disclosed.
"We are excited about the acquisition of Mueller and what these two great companies and cultures can achieve together," said Larry Faist, a member of the Sur-Seal Board of Directors.
Sur-Seal said the acquisition will help both companies "meet the needs of their expanded customer base" with the expansion of their engineering capabilities.
Dana Waterman, Sur-Seal's recently appointed CEO, said the two company teams will work together to provide their customers "with cutting edge engineering solutions."
"We value Mueller's expertise in end markets such as HVAC, aerospace, medical, renewable energy and electronics, and look forward to combining our capabilities for a more comprehensive solutions offering for our customers," Waterman said.
Pete Futia, vice president of Mueller, said the company is "delighted" by the acquisition, noting the companies' shared values of customer service and "positive work culture."
"In addition to offering a variety of die-cut options, we can now offer our customers custom rubber and silicone molded and extruded parts," Futia added. "We believe our customers will also appreciate the expansion of our supply chain services that will include storage, kitting and parts assembly."
Headquartered in Cincinnati, Sur-Seal has engineering service centers across the U.S., Mexico and China. The company—founded in 1965 and owned by Heartwood Partners, a Connecticut-based private equity firm—provides engineering and supply chain solutions to more than 200 OEMs. This deal follows Sur-Seal's acquisition of Spectex, a Dover, N.H.-based specialty materials converter, which closed in May 2021.
Mueller, founded in 1940 and most recently owned by Ken and Carl Stober, specializes in custom die cutting, slitting, laminating and CNC cutting. The company is ISO-9001 and AS9100 certificated and offers MilSpec and ASTM-certified raw materials.
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