Latour acquires DEPAC Anstalt
Investment AB Latour has, through its wholly-owned subsidiary DENSIQ AB, part of Latour Industries AB, acquired DEPAC Anstalt (DEPAC) based in Lichtenstein. DEPAC is a leading designer and manufacturer of mechanical seals used in industrial applications. The company, founded in 1983, is headquartered in Lichtenstein with a subsidiary in Austria. Net sales 2020 amounted to EUR 8 m with strong operating margin and growth. “The acquisition of DEPAC further strengthens our offering within advanced sealing technology. Inhouse manufacturing in combination with added geographies opens new