Tie-up for automotive solutions

January 21, 2012

Tie-up for automotive solutionsSWEDISH company Trelleborg and Freudenberg have formed a 50:50 joint venture to produce antivibration solutions for light and heavy vehicles. The new joint venture will comprise Trelleborg Automotive’s operations in anti-vibration solutions and Freudenberg’s corresponding unit known as Vibracoustic.

At the end of 2010, total annual sales for the joint venture were estimated at SEK12 billion, with 8,100 employees in 17 countries.

Trelleborg’s anti-vibration business accounted for about 75% of sales in the subsidiary and had annual sales of SEK6.3 billion and 5,200 employees. Trelleborg Automotive’s operations outside the area of antivibration were not affected.(PRA)

Share and Enjoy:
  • Print
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • email
  • PDF
  • RSS
  • Twitter

Tags:

Rubber Prices
(Last Updated: 18 Feb 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India
Flag Counter

Automotive

PRA ELECTRONIC ISSUE
PRA Jan/Feb 2019 issue

Click here & browse