Scott Rotary Seals Has Acquired Blakeslee Technologies, Inc.


Acquisition sets major milestone in expanding Scott Rotary Seals leadership in rotary timing valve technology

Scott Rotary Seals (a division of DSTI, Minneapolis, MN) today announced an agreement to acquire Blakeslee Technologies of Olean, New York. Terms of the transaction were not disclosed. The leadership of both parties approved the transaction, which completed late in the second quarter of 2007. Blakeslee Technologies operations will be merged with existing operations at Scott Rotary Seals in Hinsdale, NY.

"We are very excited about this acquisition, which allows us to bring the experience and of two world-renowned Rotary Timing Valve manufacturers together and move forward in the development of next-generation RTV technology," said Crystal Wiech, General Manager of Scott Rotary Seals. "Blakeslee Technologies products complement our present offering and allow us to become the largest provider of RTV® products world-wide."

Scott Rotary Seals is a leading supplier of RTV® rotary timing valve and rotary union products, with a global customer base. SRS offers a full line of standard rotary union & RTV® products that enhance the performance of many types of specialty & industrial equipment. SRS also offers custom rotary union & RTV® design & manufacturing services for special applications where a standard product cannot be utilized. SRS is located Hinsdale,100 miles southwest of Buffalo, NY.

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