Trelleborg has finalised the acquisition of the US-based privately-owned manufacturer of high-precision silicone components for medical technology original equipment manufacturers (OEMs), Silicone Fabricators Inc. (SSF).
SSF is a significant player in the important and high growth US life sciences market, providing Trelleborg with a strong platform for future development.
SSF is headquartered in Tustin, California, and has production facilities in Tustin and Paso Robles, California, as well as in Elk Rapids, Michigan. Sales amounted to approximately SEK330 million in 2015. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.
The transaction will be consolidated as of June 30, 2016.