DANIELSON, Conn.—Hutchinson S.A.'s Precision Sealing Systems unit is acquiring Danielson-based Delta Rubber Co., a manufacturer of high quality precision rubber components for the automotive, energy and industrial markets.
PSS already operates a manufacturing facility in Baja, Calif., along with offices in both Houston and Auburn Hills, Mich. The firm said in a statement that Delta Rubber brings a great opportunity to develop and manufacture some components closer to customers.
“This acquisition will further strengthen Hutchinson's position in North America, offering its customers technological expertise in products and materials combined with a wider local presence,” Philippe Oliver, executive vice president of PSS activity, said in a statement.
Delta Rubber employs 65 at its Danielson plant and has been owned by NN Inc.—a diversified industrial company—since 2001. NN said in a statement that its divestiture of Delta is part its strategy to further align its plastics business, along with its recent acquisition of Precision Engineered Products.
“Joining Hutchinson returns us to the rubber industry on a global basis and presents a multitude of opportunities for growth and development for the company and its employees,” Jim Meagher, general manager of Delta Rubber, said in a statement.
Hutchinson is a subsidiary of energy multinational Total S.A. based in Tour Total, France. The unit manufactures vibration control systems, fluid management systems and sealing solution technologies with a focus on the aerospace, automotive and other industries. Hutchinson generated $4.6 billion in 2014 revenues with more than 36,000 employees at 96 sites in 23 countries.