Soudal acquires South-Korean sealant producer Dong Yang


Soudal acquires the South-Korean sealant producer Dong Yang Silicone Co. Ltd. The company has a turnover of 30 million euro and a product portfolio similar to that of Soudal. This acquisition is a further step in the geographical expansion of Soudal and strengthens its position in the Asian markets.
Dong Yang Silicone was established in 2003 and develops and manufactures silicone sealants, MS sealants and acrylic sealants. The company employs 52 people and focuses on the construction sector, industrial markets and the glazing industry. In these sectors, Dong Yang has achieved a leading position in its Korean home market.
Dong Yang‘s current management will stay in charge and the entire company staff will remain in place. For the coming years there are plans to expand both production capacity and employment. Read more in the press release.