PARIS—FDS Group has acquired the Houston-based Custom Rubber Products, which makes elastomer, phenolic and plastic sealing products for the oil, gas and industrial markets.
"Adding Custom Rubber Products to our portfolio immediately positions FDS as the global leader in static sealing technology across all segments of the energy industry," said Remi Toledano, president and CEO of FDS Group. "Its innovative approach to designing and producing highly-specialized solutions, with an uncompromising eye toward reliability and safety, is an ideal fit with other FDS Group companies who operate with the same customer-centric values."
FDS Group's global network of companies included Flexitallic, SIEM, Novus, Induseal, and Sealex and has manufacturing located globally.
Custom Rubber is housed in an 88,000-sq.-ft. manufacturing campus. It was founded in 1961.
Financial details of the transaction weren't disclosed.