Trelleborg Sealing Solutions, a business area of global engineering group Trelleborg AB, is set to buy Automated Dynamics, a US-based privately-owned manufacturer of advanced composite components, as part of the company’s strategy to strengthen its positions in attractive market segments.
Composites are a strategic, adjacent technology for Trelleborg with high potential in a multiple of industries.
The bolt-on acquisition is expected to be finalised in the third quarter of 2017, and is subject to the approval of the relevant authorities.
The company is located in Niskayuna, New York. Sales amounted to approximately SEK65 million in 2016.
“I am thrilled to present this acquisition. The acquired company provides key capabilities in composites, bringing new competences to Trelleborg Sealing Solutions. We already see many opportunities for new products, applications and materials for the aerospace and oil & gas markets, and in the long-term also for other markets. The acquired company’s expertise in automation of the production of composite products is impressive and should be possible to leverage into other manufacturing facilities,” says Claus Barsøe, President of the Trelleborg Sealing Solutions business area.