Posted in | News | Business | Adhesives and Sealants

CDI Seals Acquires Singapore-Based Seal Manufacturer

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CDI Seals, a pioneer in custom production of plastic and elastomeric components, announced that it has acquired Multiseals, manufacturer and distributor of seals to the oil & gas sector particularly in the Asia-Pacific market. Multiseals is based in Singapore and has nearly 25 years of experience.

The acquisition will support CDI Seals’ growth strategy. The seal products from Multiseals will enhance the oilfield product portfolio of CDI Seals. CDI Seals and Multiseals have partnered earlier to deliver engineered materials and products based on clients’ requirements. Moreover, the collaboration integrates the high-performance machining and custom-molding expertise of both the companies.

The Singapore-based company has good reputation in Asia and the purchase enables CDI Seals to provide its Asia-Pacific customers with the material engineering capabilities.

Multiseals will support and manufacture the newly introduced oilfield expendables product range, Tuff Breed. The range consists of well service packing products that are ideal for hydraulic fracturing as well as high-pressure pumping in conventional and unconventional projects.

Source:

http://www.cdiseals.com/

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