AI assistant
Trelleborg — M&A Activity 2008
Jul 16, 2008
2985_rns_2008-07-16_fa870ffb-e3ba-47b8-9204-3178a722dfbd.pdf
M&A Activity
Open in viewerOpens in your device viewer
Press release Trelleborg, July 16, 2008
Trelleborg's acquisition of PressoNova finalized
Trelleborg's acquisition of the privately owned Swedish company PressoNova AB has been finalized. The company has about 30 employees and sales of approximately SEK 35 M.
PressoNova is currently a subcontractor to Trelleborg and conducts cutting work for Trelleborg's production of brake-linings, so-called brake shims, for the automotive market. Trelleborg has a worldleading position in brake shims.
PressoNova AB has its head office and production in Kalmar. The operation will be integrated into the Trelleborg Automotive business area.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and indepth applications know-how. We develop high-performance solutions that seal, damp and protect in demanding industrial environments. The Group has annual sales of approximately SEK 31 billion, with about 25,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed in the OMX Nordic List, Large Cap.
________________________________________________________________________________________________________
______________________________________________________________________________________________
www.trelleborg.com
For further information, please contact: Media: Vice President Mikael Sjöblom, +46 410 670 15, +46 733 74 70 15, [email protected] Investors/analysts: Vice President IR Conny Torstensson, +46 410 670 70, +46 734 08 70 70, [email protected]
This information is such that Trelleborg AB (publ) is to publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on July 16, 2008 at 13.30 CET. ________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________