Tyman acquires Brazilian weather-seal maker

26th Feb 2014 15:47

Tyman, which supplies door and window components, on Wednesday announced that its international division, Schlegel, has completed the acquisition of Vedasil Brasil, a supplier of weather-seals. The firm, which was set up in 1978, manufactures and supplies PVC extruded seals along with other seal and screen components to the Brazilian door and window market. Its 2013 revenues totalled around £4.85m. Tyman plans to combine Vedasil with its other Brazilian business, Schlegel Brazil, combining the management teams of both. Louis Eperjesi, Chief Executive of Tyman, said: "I am delighted to welcome the Vedasil team to Schlegel International and look forward to working with them to grow the market for our range of sealing technologies and other door and window components in the region."The acquisition is an important element of our strategic plan to deliver consistent growth for Tyman, wherever we are located, and opens up new opportunities to develop the Schlegel International business across South America."NR