PLYMOUTH, MI -- The Freudenberg Group is strengthening its position as a global supplier for the upstream oil and gas market. The Freudenberg Oil & Gas Technologies Business Group has acquired the business of BlueSky Process Solutions Ltd., Stoney Creek, Ontario, Canada, effective June 30, 2015. BlueSky is a designer of differentiated seal products, specifically for the upstream oil and gas segment.
"As a long-term oriented technology group, we are continuing to enhance our oil and gas business," says Dr. Mohsen Sohi, Freudenberg Group CEO. "Even if the industry is currently facing a challenging time, we continue to have confidence in this market."
"The acquisition of BlueSky enables us to broaden the product range for our customers," explains Richard T. Schmidt, President and CEO of Freudenberg Oil & Gas Technologies. BlueSky develops high integrity connectors that are complimentary to the Freudenberg Oil & Gas Technologies' Vector product line in this segment. BlueSky offers proprietary, patented products – products whereby the company owns the intellectual property rights, such as the RotaBall™ swivel connector, the FlexBall™ connector and the AlignLock™ misalignment flange. In addition BlueSky's BlueLock™ connector is compatible with Freudenberg Oil & Gas Technologies' Techlok™, a two-piece, four-bolt connector, and enjoys a strong position in the Canadian market.
For further information, go to http://www.freudenberg.com