# Elastofirm acquires majority stake in Silam Siliconas

Elastofirm B.V. has acquired a majority stake in Silam Siliconas S.A., a specialist in extrusion and compounding of High Consistency Rubber silicone. The partnership aims to expand product offerings and access new markets.

- Type: Acquisition
- Announced: 2024-01-26
- Where: Spain
- Status: announced
- Products: rubber compounds, extruded profiles, Liquid Silicone Rubber, High Consistency Rubber silicone
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Elastofirm](https://endata.com/companies/53188.md) (acquirer)
- [Silam Siliconas](https://endata.com/companies/75287.md) (target)
- [Siliconas Silam](https://endata.com/companies/75481.md) (target)
- [Dicoinsa](https://endata.com/companies/75482.md) (target)
- [Espiga Equity Fund FCR](https://endata.com/companies/75483.md) (partner)

## Sources

- [egeriagroup.com](https://egeriagroup.com/news/silam-enters-its-new-growth-phase-by-joining-forces-with-elastofirm/), 2024-01-26: "Elastofirm’s current offering mainly consists of rubber compounds and extruded profiles, along with LSR."
- [iberianlawyer.com](https://iberianlawyer.com/baker-mckenzie-advises-on-the-acquisition-of-96-07-of-siliconas-silam/), 2024-02-06: "With this operation, SILAM Group increases the growth potential in Europe, accessing more markets and customers, as well as being able to offer our customers a more complete range of products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.