Dellner Polymer Solutions, part of Sweden’s Dellner Group is continuing its global expansion with the acquisition of Ferrabyrne Ltd. This latest acquisition will add a new dimension to the group’s global product offering and increase opportunities in wider markets including North America, Europe, India and China.
Ferrabyrne, which was backed by an investment from YFM Equity Partners (YFM) in 2016, is a leading high-end engineering supplier of rubber-to-metal bonded components and rail suspension systems to the global market. Dellner Polymer Solutions provides technologically advanced vibration control, rubber fabrication and bonding solutions for the global market.
Working closely alongside Dellner Glass Solutions, the acquisition will see the business leverage these strengths while building on them and creating a global offering supplying vibration control, polymer and glazing solutions as a single, integrated package, particularly to the rail industry. Other key sectors for Dellner Polymer Solutions are off highway, defence, industrial (including oil, gas, power generation, mining, chemical processing and furniture) and marine.
Mikael Petersson, CEO of Dellner Polymer & Glass Solutions, said: “Ferrabyrne is a well-established company with a good reputation. We are delighted to welcome them to the Dellner family. We feel like we have found a natural synergy with Ferrabyrne, our visions and ethos are very much aligned, and service offerings complement each other well especially in the rail market. I am inspired to take the role as the new CEO of Ferrabyrne, and will ensure all employees are welcomed to the Dellner family.
The acquisition of Ferrabyrne comes at a time when the Dellner Group is experiencing an impressive period of growth and momentum, Ferrabyrne’s sophisticated expertise perfectly complements our own to create an enhanced offering that will allow our continued success in the global market.”
Ferrabyrne’s CEO, Ken Horton , said: “This is an exciting and important step for the future development of Ferrabyrne and our team is looking forward to leveraging the enhanced opportunities and synergy within the Dellner Group.”
Dellner Group CEO, Marcus Aberg, said: “We are delighted to be continuing our strategic growth with another high-end supplier to become a part of the Dellner Group. With the recent acquisition of friction supplier Dellner FrimatRail, and the acquisition of Ferrabyrne Ltd we are continuing to position the Dellner Group with in the global rail market.
“To bring such a wide range of skills and experience into the group, with a shared focus on quality and service means that our customers are assured of an enhanced, integrated service from the Dellner Group of companies.”