20.12.2023

Sanok Rubber Company – Acquisition of Teknikum Group

We are advising Sanok Rubber Company S.A. on the acquisition of Teknikum Group Ltd.

Teknikum Group is a European polymer technology company serving industrial customers in need of reliable rubber, plastic, silicone, polyurethane, and foam solutions. The group has approximately 600 employees and operates four production plants in Finland and one in Hungary, and a sales office in Germany.

Sanok Rubber Company S.A. is the European leader in the field of rubber products, rubber-to-metal articles and combination of rubber with other materials for the automotive, construction, agriculture, pharmacy and household appliances. Sanok Rubber Company S.A. is listed on the Warsaw Stock Exchange and employs more than 3,000 people in Europe and North America.

The completion of the transaction, conditional on regulatory approval, is expected to take place in the first half of 2024.