Starting in December 2014, IHC Sealing Solutions will operate under a new, but in the same time old and trusted, name of Lagersmit. On November 28, the name was unveiled at a party for employees of the ‘new Lagersmit’.
The company now uses its old name, Lagersmit, particularly because it has operated under that name for most of its history. The new slogan ‘The Origin of Sealing Solutions’ pays tribute to that history, which began in 1856, and to the company’s recent decision to focus exclusively on sealing solutions.
In the summer of 2014, the company became independent and consequently separated from Royal IHC. With this new independence, Lagersmit aims to focus more on its core business, which is to supply sealing solutions for ships, pumps and tidal turbines.
Willem Steenge, CEO Lagersmit : “The new name and slogan underline the route we have taken. Customers can rely on trusted expertise, familiar faces and the best possible sealing solutions. Our R&D pipeline is well filled and we are working together with various customer groups to launch new products for the markets that we serve.”
Lagersmit is owned by majority shareholder and CEO Willem Steenge, who has run the company for the past 14 years, and by Rabobank Participaties.
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Press release; Image: Lagersmit