Freudenberg Acquires Bluesky Process Solutions

Resource from: OIL&GAS FINANCIAL JOURNAL Likes:255

Jul 07,2015

The Freudenberg Oil & Gas Technologies Business Group has acquired the business of BlueSky Process Solutions Ltd., of Stoney Creek, Ontario, Canada, effective June 30. BlueSky is a designer of differentiated seal products, specifically for the upstream oil and gas segment. The acquisition of BlueSky enables Freudenberg to broaden its product range for its customers. BlueSky develops connectors that are complementary to the Freudenberg Oil & Gas Technologies' Vector product line in this segment. BlueSky offers proprietary, patented products – products whereby the company owns the intellectual property rights, such as the RotaBall swivel connector, the FlexBall connector, and the AlignLock misalignment flange. In addition, BlueSky's BlueLock connector is compatible with Freudenberg Oil & Gas Technologies' Techlok, a two-piece, four-bolt connector.

(OIL&GAS FINANCIAL JOURNAL)

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