Freudenberg Group
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About Freudenberg Group
Industries
Industrial & Manufacturing
Energy
Healthcare
Consumer Goods
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Weinheim, Germany
Founded
1849
Overview
Simplify's Take
What believers are saying
- Freudenberg's Costa Rica expansion taps into Latin America's growing medical device market.
- The launch of UV-Shield Tubing meets rising demand for specialized pharmaceutical packaging.
- Freudenberg's fuel cell filter supports the clean energy technology market expansion.
What critics are saying
- Freudenberg faces competition in medical tubing from Saint-Gobain and Trelleborg.
- Integration challenges may arise from the Seal Aftermarket Products acquisition.
- Costa Rica's tightened regulations could hinder Freudenberg's expansion efforts.
What makes Freudenberg Group unique
- Freudenberg's PharmaFocus(R) Tubing targets the niche of photosensitive pharmaceutical packaging.
- The acquisition of Seal Aftermarket Products strengthens Freudenberg's automotive transmission market position.
- Freudenberg's synthetic wetlaid nonwovens cater to the eco-friendly textile demand.
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Company News
Freudenberg Medical recently announced the PharmaFocus(R) Premium ASTC UV-Shield Tubing, which is specifically intended for photosensitive pharmaceuticals and has a platinum-cured silicone interior and an opaque exterior to maintain the integrity and stability of light-sensitive fluids.
And, just over a year ago, Freudenberg Medical announced the opening of its newly expanded facility in Galway along with the creation of 100 jobs.
Freudenberg-NOK Sealing Technologies has acquired Seal Aftermarket Products, LLC (SAP), a Florida-based distributor of automotive transmission kits and components. SAP will be integrated into Freudenberg's Corteco division, enhancing its market position, especially in the transmission sector. The acquisition strengthens Corteco's global presence and market access, particularly in North America. Financial terms were not disclosed. SAP brands like Toledo Trans-Kits™ will continue post-acquisition.
Earlier in 2023, the group announced the appointment of G. Sivasailam, Managing Director of the group company Freudenberg Performance Materials, as the new Director & CEO of Freudenberg Regional Corporate Centre, India.
Freudenberg launches fully synthetic wetlaid nonwovens.
Freudenberg Group is Hiring for 375 Jobs on Simplify!
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About Freudenberg Group
Industries
Industrial & Manufacturing
Energy
Healthcare
Consumer Goods
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Weinheim, Germany
Founded
1849
Freudenberg Group is Hiring for 375 Jobs on Simplify!
Find jobs on Simplify and start your career today