LANCASTER, Pa. (June 28, 2012)—Interface Solutions Inc. has acquired Freudenberg-NOK Sealing Technologies' bonded separator plate business to bolster its position in the transmission product industry.
A designer and manufacturer of elastomer sealing systems and engineered composite materials, Interface is looking to expand its global reach, manufacturing capabilities and product portfolio, it said.
Freudenberg is selling the business because it doesn't fit with the firm's core competencies, a company spokeswoman said. Financial details were not disclosed.
“The global market for automatic transmission sealing applications is a strategic opportunity for Interface, and we are committed to investing the necessary resources to meet the needs of our global customers,” said William Warkentin, president and CEO of the Lancaster-based company.