Sulzer Acquires PC Cox
Sulzer acquired PC Cox Group Ltd. headquartered in Newbury, UK, on April 4, 2016. The enterprise value is about GBP 16 million (22 CHF million). PC Cox is a leading manufacturer of handheld sealant and adhesive dispensers for industrial applications.
PC Cox sells quality manual, pneumatic, and cordless one- and two-component dispensers for industrial and construction applications under the brand name Cox. The group achieved revenues of GBP 15 million (CHF 20 million) in 2015 and has approximately 170 employees.
Through the complementary acquisition, Sulzer Mixpac—a business unit of the Chemtech division—becomes a leading manufacturer of dispensers for industrial applications. PC Cox s range of products further strengthens Sulzer’s position as a technology leader and enables it to compete globally as a leading solution provider in the area of mixing, dosing, and application systems.
The transaction has already closed, and full integration will begin immediately. All employees of PC Cox will be taken over, assuring ongoing customer dedication and quality commitment.