TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Trelleborg’s (STO:TRELB) acquisition of Maine Industrial Tire, a U.S.-based market leader specializing in solid tires for vehicles such as forklifts, has been finalized. The transaction broadens Trelleborg’s product portfolio within the industrial tires segment, enabling Trelleborg to maintain its global leadership in the supply of solid tires.
The company will be integrated into Trelleborg Wheel Systems business area.
A press release on the agreement regarding the acquisition was published on December 21, 2012.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of about SEK 22 billion, with about 15,500 employees in over 40 countries. The Group comprises three business areas: Trelleborg Sealing Solutions, Trelleborg Wheel Systems, and Trelleborg Engineered Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of SEK 13 billion and about 8,000 employees in 17 countries. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the NASDAQ OMX Nordic List, Large Cap. www.trelleborg.com
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