Houlihan Lokey Advises Shareholders of Siltec

oulihan Lokey is pleased to announce that Siltec Group (Siltec) has been acquired by Boyd Corporation, a portfolio company of Goldman Sachs’ Merchant Banking Division. The transaction closed on 21 October 2021.

Siltec is a leading manufacturer of highly engineered, niche silicone products for customers in the medtech, food, industrials, aerospace, and pharma end markets. The product range encompasses moulded and extruded silicone components as well as finished products. Siltec is vertically integrated with compounding, tool design, production, assembly, and packaging all done in-house. The company employs approximately 280 people and has its HQ and main production center in Weiler, Germany, and an additional production facility in Stochov, Czech Republic.

Boyd Corporation is a provider of thermal management and environmental sealing solutions. The company operates globally with specific expertise in engineering and design, manufacturing, and supply chain management for electronics, mobile computing, medical technology, transportation, aerospace, and other B2B industries.

Houlihan Lokey served as the exclusive sellside advisor to the shareholders of Siltec and assisted in marketing, structuring, and negotiating the transaction on its behalf.

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