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Trelleborg — M&A Activity 2015
Apr 2, 2015
2985_rns_2015-04-02_b6ed7046-6bff-4e0c-8915-0635ccd52b48.pdf
M&A Activity
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Press release Trelleborg, April 2, 2015
Trelleborg acquires outstanding share of liquid silicone rubber operation in Bulgaria
Trelleborg has, through its business area Trelleborg Sealing Solutions, utilized an option from 2011 to acquire the outstanding 50 percent of the shares in Trelleborg Sealing Solutions Silcotech Bulgaria OOD, with a production unit in Pernik, Bulgaria. Its main focus is the production of precision molded seals in liquid silicone rubber (LSR) for various industries including baby care and food processing. The transaction is part of Trelleborg's strategy to strengthen its positions in attractive market segments.
Since the acquisition of Silcotech Group in 2011 Trelleborg has made several investments in its life sciences operations, among others in an expanded production capacity in Switzerland and an establishment of a new full-scale production unit in the U.S.
The business was already fully consolidated. A press release regarding the acquisition in its entirety was published on March 28, 2011.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. The Group's innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 22 billion in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 16 billion in about 20 countries. The Trelleborg share has been quoted on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com
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For further information, please contact:
Media: Vice President Media Relations Karin Larsson, +46 (0)410 67015, +46 (0)733 747015, [email protected] Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46 (0)708 665140, [email protected]
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