Lagersmit, Back to Its Old NameBy Joseph R. Fonseca
Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old and trusted – name of Lagersmit. The new pay-off line ‘The Origin of Sealing Solutions’ pays tribute to the company’s rich history and its desire to supply the best sealing solutions, now and in the future. On 28 November 2014, the new name was unveiled at a party for the employees of the ‘new Lagersmit’. Why this new name and pay-off line?
In the summer of 2014, the company became independent and consequently separated from Royal IHC. With this new independence, Lagersmit aims to focus more on its core business, which is to supply sealing solutions for ships, pumps and tidal turbines. The company is proud to use its old name, Lagersmit, particularly because it has operated under that name for most of its rich history. The new slogan ‘The Origin of Sealing Solutions’ pays tribute to that history, which began in 1856, and to the company’s recent decision to focus exclusively on sealing solutions.
Willem Steenge, CEO Lagersmit: “The new name and slogan underline the route we have taken. Customers can rely on trusted expertise, familiar faces and the best possible sealing solutions. Our R&D pipeline is well filled and we are working together with various customer groups to launch new products for the markets that we serve.” Lagersmit: Company Profile
Lagersmit has been based in the Dutch Alblasserwaard region since 1856 and has one mission: to supply the best sealing solutions for ships, pumps and tidal turbines. Examples of applications include seals for ship’s shafts, thrusters, tidal turbines and pump shafts. From high-tech production location in Alblasserdam, Lagersmit serves the worldwide maritime, dredging, energy and industrial markets with high-quality sealing solutions. The company’s network of offices, agents and service stations covers the entire world.
In the summer of 2014, the company became fully autonomous from its former parent company, Royal IHC. Lagersmit is owned by majority shareholder and CEO Willem Steenge, who has run the company for the past 14 years, and by Rabobank Participaties.