Polish publicly traded company Sanok Rubber Company S.A. has signed an agreement on December 19, 2023, to acquire Teknikum Group Ltd. The acquisition includes the entire share capital of Teknikum and is part of Sanok Rubber’s broader strategic expansion.
Teknikum serves industrial customers in need of reliable rubber, plastic, silicone, polyurethane, and foam solutions. The company’s factories and sales offices are located in Finland, Hungary and Germany. Teknikum’s offering includes pioneering wear-resistant industrial hoses, high-quality technical foam products, and comprehensive contract manufacturing services of the polymer industry. The company’s values are safety, sustainability, and sincerity.
The acquisition strengthens Sanok’s position in the market and opens up new business opportunities.
HLP acted as a financial advisor to Teknikum and its owners in the transaction.
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