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Trelleborg — M&A Activity 2008
May 5, 2008
2985_rns_2008-05-05_954100f2-04da-4c14-bba1-aaa0328e88c7.pdf
M&A Activity
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Press release Trelleborg, May 5, 2008
Trelleborg increases presence in the market for pipe seals Acquires US company NPC Inc. with SEK 110 M in sales
Through its Trelleborg Engineered Systems business area, Trelleborg has entered an agreement to acquire the operations of US company NPC Inc., with about 100 employees and sales of SEK 110 M.
This acquisition strengthens Trelleborg's leading position in pipe seals, primarily for newbuilding and replacement in the infrastructure market. NPC Inc. specializes in large seals for such applications as drains and manholes.
"NPC broadens our market presence, primarily in the North American market and, at the same time, provides an excellent complement to Trelleborg's existing range of pipe seals," says Lennart Johansson, President of the Trelleborg Engineered Systems business area.
NPC has its head office and production in Milford, New Hampshire, US, plus another minor production facility in the US.
NPC is a portfolio company of American Capital Strategies Ltd. (Nasdaq: ACAS), the largest U.S. publicly traded alternative asset manager.
The operations will be integrated with the existing business within Trelleborg Engineered Systems.
The transfer of NPC Inc. is expected to occur during the second quarter of 2008.
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.
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www.trelleborg.com
For further information, please contact:
Tel: +46 (0)410 – 670 15 Tel: +46 (0)410 – 670 70 Mobile: +46 (0)733 – 74 70 15 Mobile: +46 (0)734 – 08 70 70 E-mail: [email protected] E-mail: [email protected]
Media Investors/analysts
Vice President, Media Relations Mikael Sjöblom Vice President, Investor Relations Conny Torstensson
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 May 5, 2008 at 08:00.
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