[DALLAS, TEXAS] – April 1, 2024 – XMEK, a leading global provider of tailored solutions and trusted services for the most challenging applications, proudly announces the acquisition of Everseal Gasket Inc. (EGI), a renowned name in the stamping and gasket industry. This strategic move aligns with XMEK’s vision of enhancing its product offerings and market presence to better serve its customers.
EGI, a third-generation family business, has built a strong reputation for delivering high-quality products and exceptional customer service. Commenting on the acquisition, Ken Lane, EGI owner stated, “This 3rd generation business is excited to join a growing team like XMEK with access to more markets, products, and customers to build a strong and stable future for EGI. The EGI team’s passion and customer-centric focus align perfectly with XMEK, which is why we choose to partner with Stu and his team, as they share the same traits; this is a great home for my family, and we are all proud to join the XMEK team!”
XMEK sees the acquisition of EGI as a perfect fit for its strategic objectives. “EGI fits our strategy perfectly, adding the high quality and performance of EGI in the stamping, gasket product line, to bring new materials and products to our existing and future customers, with a ‘yes, we can’ attitude, expanding our unbiased solutions offering,” commented Stu Lowndes, CEO of XMEK. “The team at EGI are professional and passionate about what they do, and the customer feedback is exceptional. We look forward to realizing our customers’ expectations with this new partnership!”
This acquisition marks a significant milestone for both XMEK and EGI. They combine their strengths to deliver enhanced solutions and services to their customers worldwide. The integration process will be conducted seamlessly to ensure minimal disruption to ongoing operations and maximize the benefits of this partnership.
For more information about XMEK and EGI, please visit www.xmek.com and https://eversealgasket.com/.
For media inquiries and further information, please contact: Courtney A. Swanson | [email protected]
