Freudenberg Acquires BlueSky Process Solutions
BlueSky FlexBall (Image: Freudenberg Group)
BlueSky RotaBall (Image: Freudenberg Group)
Freudenberg Oil & Gas Technologies expands its portfolio in upstream segment
The Freudenberg Group informs it has strengthened its position as a global supplier for the upstream oil and gas market as its Freudenberg Oil & Gas Technologies Business Group has acquired the business of BlueSky Process Solutions, Ltd., a designer of differentiated seal products, specifically for the upstream oil and gas segment. The acquisition is effective June 30, 2015.
“As a long-term oriented technology group, we are continuing to enhance our oil and gas business,” said Dr. Mohsen Sohi, Freudenberg Group CEO. “Even if the industry is currently facing a challenging time, we continue to have confidence in this market.”
“The acquisition of BlueSky enables us to broaden the product range for our customers,” explained Richard T. Schmidt, President and CEO of Freudenberg Oil & Gas Technologies.
The Freudenberg noted that Stoney Creek, Ontario-based BlueSky develops high integrity connectors that are complimentary 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, and enjoys a strong position in the Canadian market.
