Federal-Mogul acquires Daros Group for piston rings 24 June 2010

Federal-Mogul has acquired the Daros Group, a privately-owned supplier of high technology piston rings for large-bore industrial generation and shipping engines.

Adding Daros – which has operations in China, Germany and Sweden to its portfolio – means that Federal-Mogul now has a wide range of high technology piston ring engineering, manufacturing and service facilities world-wide.

Sizes range from 145mm to 980mm for large engines with power outputs up to 100,000kW (136,000hp). The two companies piston rings are made from cast iron, machined with complex geometries and are finished with extremely wear resistant coatings such as plasma-sprayed metal-oxides and chrome-ceramics.

"The market for industrial engine piston rings is growing, as global energy companies and expanding global logistics providers require additional power generation and shipping capacity," comments José Maria Alapont, Federal-Mogul president and CEO.

"This acquisition also will enable Federal-Mogul to capitalise on new market growth utilising integrated global engineering and manufacturing capacity."

Brian Tinham

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Federal Mogul Corporation

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