SWEDISH company Trelleborg is divesting its French operation that manufactures rubber, plastic and foam components and systems for the light vehicles industry, part of the Trelleborg Automotive business unit, to Germany-based Bavaria Industriekapital.
The divested operation delivers components for pedal boxes and bump stop solutions for all opening panels of a car, such as the trunk lid, doors and hood. The operation also delivers various types of components, such as gaskets and molded hoses. These components and solutions are offered in a range of polymer materials.
The company has annual sales of approximately SEK 550 million with about 570 ployees. The transaction is expected to be finalised in the first quarter of 2012. The operation is a separate unit in Trelleborg Automotive and is not connected to the anti-vibration business for light and heavy vehicles, which, as announced earlier, will be included in the joint venture with Freudenberg. (PRA)
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