19 November, 2019

DMR Seals acquired by Diploma PLC

08 November, 2019

DMR Seals has been acquired by Diploma PLC, a FTSE 250 international group of businesses supplying specialised technical products and services.

DMR Seals, based in Sheffield, provides engineering sealing solutions to UK markets. In particular, the company has developed a strong reputation for manufacturing high quality and high-pressure sealing products for the most demanding applications in the oil & gas, chemical processing and general manufacturing industries.

DMR Seals will continue to operate independently and will be run on day-to-day basis by co-founder and managing director Richard O’Connor and the existing team in Sheffield.

[subhead] Strengthened position

O’Connor said: “We are delighted to have joined Diploma PLC. Working as part of the Group, strengthens our position in the fluid sealing solution markets and brings advantages in terms of increased technical capability and manufacturing flexibility across multiple sites. This allows DMR Seals to operate as usual, continuing to provide our customers with the best sealing solution as quickly and efficiently as possible.”

In 2018 Diploma PLC, reported annual revenues of more than £485m, operating globally in the distinct sectors of Life Sciences, Seals and Controls. DMR Seals joins the Group’s Seals businesses, working alongside other Diploma-owned UK companies, FPE Seals and M Seals.

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