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Trelleborg — M&A Activity 2010
Dec 23, 2010
2985_rns_2010-12-23_7234f394-0566-47d0-8f44-5a983036431b.pdf
M&A Activity
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Press release Trelleborg, December 23, 2010
Trelleborg's acquisition of Lutz Sales Inc. finalized
Trelleborg's acquisition of the US company Lutz Sales Inc. has been finalized. Lutz Sales is a privately owned distributor and has yearly sales of approximately SEK 100 M and approximately 50 employees.
The operation will be integrated into the Trelleborg Sealing Solutions business area. The acquisition strengthens Trelleborg Sealing Solutions' presence in the North American market, broadens the product offering and the customer base in the region
Lutz Sales has it's headquarter and warehouse in the Chicago area. The company is a distributor of a broad range of precisions seals and customer specific rubber components. The company has a broad and well established customer base and is primarily strong within the food and beverage and pharmaceutical industry.
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Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and indepth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales during 2009 of approximately SEK 27 billion, with about 20,000 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 on the OMX Nordic List, Large Cap. www.trelleborg.com
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For further information, please contact: Media: Vice President Media Relations Mikael Sjöblom, +46 (0)410 67015, +46 (0)733 74 70 15, [email protected] Investors/analysts: Vice President IR Conny Torstensson, +46 (0)410 67070, +46 (0)734 087070, [email protected]
This information is such that Trelleborg AB (publ) must disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading (Market Abuse Penalties) Act. This information was submitted for disclosure on December 23, 2010, at 8:30 a.m. ____________________________________________________________________________________________________________________
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