Swedish engineered polymers firm Trelleborg Group is to buy US-based elastomers maker Minnesota Rubber and Plastics (MRP), which is owned by investment firm KKR, in a transaction valued at approximately US$950 million. The transaction, which is subject to customary regulatory approvals, is expected to close before year-end 2022. New York City-based…
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Trelleborg acquires manufacturer of aerospace components
Polymers firm Trelleborg Group has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire Germany-based company MG Silikon, an entity within Saint-Gobain Group. The company specialises in sealing solutions for aerospace and industrial applications. Closing of the…
Trelleborg starts up two-wheeler jv tyre facility in India
Trelleborg Wheel Systems and its Indian joint venture partner have started trial production of two-wheeler tyres in a factory constructed in Bharuch, Gujarat. Trial production began in December 2021, ahead of the projected start of commercial production in the first…
Trelleborg to repurchase own shares
Swedish firm Trelleborg has presented new financial targets and proposes a programme for the repurchase of its own shares. It says that “the conditions are better than ever, both operationally, and thanks to trends such as increased electrification, digitisation, and…
Continental to acquire Trelleborg’s printing solutions business
German technology firm Continental has signed an agreement to acquire Trelleborg’s printing solutions business, headquartered in Lodi Vecchio, Italy. Thereby, the technology company says it complements its surface solutions and printing technology portfolio in order to enhance its presence with…
Hose business strengthened
SWEDEN-based Trelleborg will acquire 60% of French company Bloch, with an option to acquire the remaining shares later. Bloch specialises in solutions and couplings for a wide range of industrial hoses that offer protection in demanding environments, such as chemical…
Medical unit buyout by Trelleborg
Swedish Trelleborg plans to buy medical-related businesses from Switzerland’s Silcotech Group for US$42 million. The acquired operation focuses on precision seals and components in liquid silicone, primarily for the pharmaceutical industry and medical technology sector and is also used in…