Balmoral Comtec, with over 45 years of experience, is a leading supplier of engineered buoyancy, cable protection, and thermal insulation product solutions serving the offshore oil and gas and wind industries. Balmoral Comtec is based in Aberdeen, Scot-land, and employs 400 people at three locations in the United Kingdom. The company has a global footprint with customer projects in both the Oil & Gas and renewable energy markets in Europe, South America, and Asia.
āThe acquisition of Balmoral Comtec not only expands our cur-rent business in the conventional energy segment,ā explains Jason Kollatschny, CEO Connectors and Sealing Solutions. āThanks to the diversified product offering it grows our portfolio of products supporting the energy transition.ā
With the acquisition, Freudenberg Flow Technologies further expands the capacities of its existing core business with prod-ucts tailor-made for the Oil & Gas and Energy Transition mar-kets. āBalmoral Comtecās product portfolio complements our existing solution offering. The acquisition is an important mile-stone on our path to becoming the leading integrated solution provider for critical sealing systems, buoyancy and cable pro-tection products, services, Engineering & Technology as well as Digitalization & Monitoring solutions to our global customer base,ā Kollatschny emphasizes.
