Datwyler Acquires Parco to Accelerate Profitable Growth
On October 1, 2018, Parco was acquired by the Datwyler Group. With its acquisition of Parco, Datwyler has gained access to several strategically attractive industries for its Sealing Solutions division, particularly oil and gas, aerospace, and water filtration. In addition, Datwyler’s acquisition of Parco expands significantly Datwyler’s existing O-ring business. In 2015, Datwyler acquired an Italian O-ring manufacturer, Origom. Datwyler’s acquisition of Parco will also strengthen Datwyler’s presence in the United States.
A family-owned company, Parco is a leading manufacturer of O-rings and custom-molded rubber seals. Like Datwyler, Parco develops and mixes its own compounds and makes its own molds. With over 75 years’ experience, Parco has developed deep relationships with its customers, many of which stretch back decades. The combination of Parco’s efficient and automated production processes and industry leading quality have allowed Parco to achieve consistent, profitable growth.
Parco’s management team and employees will continue with the business to ensure Parco’s customers continue to receive excellent service.
More information on the Datwyler Group can be found at www.datwyler.com.
About Parco, Inc.
Founded in 1941, Parco was the first manufacturer to specialize in O-rings, still one of our primary products. Today, Parco has four modern facilities manufacturing O-rings, custom-molded elastomeric seals, rubber-to-metal bonded parts, and machined metal parts. Our 154,000 square-foot facility in Ontario, California is one of the largest plants in the world making molded rubber seals. Our three other facilities in Texas and Louisiana specialize in complex custom-molded elastomeric products, machined metal parts, and machined plastics.
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. Datwyler’s Sealing Solutions Division is a leading supplier of customized sealing solutions to demanding industries including automotive, healthcare, and consumer goods. The Datwyler Group is a global company with annual revenues of $1.3 billion, 50 operating companies, 8,000 employees, and sales in more than 100 countries. The Group has been listed on the SIX Swiss Exchange since 1986.