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Earlier this year,
Kaydon Corporation of Ann Arbor, Michigan announced an agreement to purchase
HAHN-Gasfedern GmbH of Aichwald, Germany. Since its incorporation nearly 30
years ago, Kaydon has expanded its portfolio of products from bearings and
filters to custom rings, specialty balls, shaft seals, linear deceleration devices,
and fuel cleaning systems. The Michigan-based company also makes friction
control and velocity control products. In spite of the Great Recession, Kaydon enjoyed a profitable 2009
and 2010, based largely on the strength of sales to customers in the alternative
energy and military markets.
Founded four decades
ago, Germany's HAHN manufactures gas springs, tension springs, locking springs,
dampers, and related products (such as brackets) for shock and vibration
control applications. HAHN's line of gas springs appears
to be of particular interest to Kaydon, as these devices provide controlled
motion and speed for elements, such as doors or lids, that open and close. In expanding
its product portfolio once again, Kaydon plans to add its new HAHN holdings to
ACE Controls, Inc., part of the company's Velocity Control Products segment
Have you purchased products from either
Kaydon or HAHN before? If so, how do you feel about Kaydon's acquisition of
HAHN?
Source: RTT
News, Kaydon, and HAHN
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