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Global group takes over local seal distributor

Global group takes over local seal distributor

Mark Malinas Allens

Two firms have acted on global company Freudenberg’s acquisition of Australian hydraulic and pneumatic seal distribution company Ludowici.

Firms: Allens (Freudenberg Group); Gilbert + Tobin (Ludowici Sealing Solutions)

Deal: Global technology company Freudenberg acquired Australian company Ludowici

Value: Undisclosed

Area: M&A

Key Players: The Allens team was headed by partner Mark Malinas and senior associate Amanda Hicks-McLean, who were joined by Thomas Wallrich, Michael Tolo and Julian Holland.

Deal Significance: Ludowici Sealing Solutions was Australia’s market leader in the distribution of hydraulic and pneumatic seals.

Germany-based global technology company Freudenberg Group acquired Ludowici as part of a plan to widen the company’s global distribution network for industrial and automotive sealing products.

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