Freudenberg consolidates oil & gas businesses into Freudenberg Flow Technologies
Weinheim, Germany – Freudenberg is consolidating its EagleBurgmann and Freudenberg Oil & Gas Technologies Business Groups to form Freudenberg Flow Technologies. “The move enables Freudenberg to optimize innovation and sales synergies, with a focus on sustainable sealing solutions in demanding market segments. Customers in sectors such as oil and gas, energy, petrochemicals, pharmaceuticals, food, and water systems, will benefit greatly from our extensive product portfolio. Freudenberg Flow Technologies also offers a framework to promote further growth,” said Dr. Mohsen Sohi, CEO of the Freudenberg Group. Freudenberg will have ten Business Groups when the changes take effect on January 1, 2024.
EagleBurgmann and Freudenberg Oil & Gas Technologies will be part of the Freudenberg Flow Technologies Business Group as strategic business units. Freudenberg Oil & Gas Technologies will operate in the market fully as Freudenberg Flow Technologies. For example, the website changes to www.ffltech.com.
EagleBurgmann’s branding will be the same. Furthermore, EagleBurgmann will remain a joint partnership between Freudenberg and EKK.
Freudenberg Flow Technologies will have about 6,400 employees. The new business is expected to generate more than one billion euros in sales (the outlook for 2023). The headquarters of Freudenberg Flow Technologies will be in Wolfratshausen, Germany, with subsidiaries in some 60 countries worldwide. Babak Khodadadi Bashbolagh (CEO), Bozidar Grcevic (CFO), and Dr. Kai Ziegler (CTO) are members of the Freudenberg Flow Technologies Board. They are also heading the EagleBurgmann business unit, serving in dual roles.
The comprehensive product portfolio of Freudenberg Flow Technologies will include mechanical seals, seal supply systems, expansion joints, packings and gaskets, as well as high-integrity connector solutions.
The Business Group offers, for example, innovative ZeroLeakage mechanical seals like the CobaDGS, which significantly reduces the emission of methane from gas pipelines. Digital sealing solutions like the EB Smart Seal have set new standards in predictive maintenance. The portfolio also includes high performance materials like Tetrex 5000 and FFKM 130 for the upstream segment involving extraction and production. They offer first-class resistance in high-temperature applications.
Freudenberg Flow Technologies will bring these products, materials and technologies together to provide its customers with a comprehensive product portfolio.