Regulatory News: Through its Trelleborg Engineered Systems business area,
Trelleborg (STO:TRELB) has entered an agreement to acquire the
operations of US company NPC Inc., with about 100 employees and sales
of SEK 110 M.
This acquisition strengthens Trelleborg's leading position in pipe
seals, primarily for newbuilding and replacement in the infrastructure
market. NPC Inc. specializes in large seals for such applications as
drains and manholes.
"NPC broadens our market presence, primarily in the North American
market and, at the same time, provides an excellent complement to
Trelleborg's existing range of pipe seals," says Lennart Johansson,
President of the Trelleborg Engineered Systems business area.
NPC has its head office and production in Milford, New Hampshire,
US, plus another minor production facility in the US.
NPC is a portfolio company of American Capital Strategies Ltd. (Nasdaq: ACAS), the largest U.S. publicly traded alternative asset
manager.
The operations will be integrated with the existing business
within Trelleborg Engineered Systems.
The transfer of NPC Inc. is expected to occur during the second
quarter of 2008.
Trelleborg is a global industrial group whose leading positions
are based on advanced polymer technology and in-depth applications
know-how. Trelleborg develops high-performance solutions that seal,
damp and protect in demanding industrial environments. The Trelleborg
Group had annual sales 2007 of approximately SEK 31 billion, with
about 25,000 employees in 40 countries. The Group comprises four
business areas: Trelleborg Engineered Systems, Trelleborg Automotive,
Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The
Trelleborg share has been listed on the Stockholm Stock Exchange since
1964 and is listed on the OMX Nordic List, large cap. www.trelleborg.com This information was brought to you by Cision
http://newsroom.cision.com
Regulatory News:
Through its Trelleborg Engineered Systems business area, Trelleborg
(STO:TRELB) has entered an agreement to acquire the operations of US
company NPC Inc., with about 100 employees and sales of SEK 110 M.
This acquisition strengthens Trelleborg’s
leading position in pipe seals, primarily for newbuilding and
replacement in the infrastructure market. NPC Inc. specializes in large
seals for such applications as drains and manholes.
“NPC broadens our market presence, primarily
in the North American market and, at the same time, provides an
excellent complement to Trelleborg’s existing
range of pipe seals,” says Lennart Johansson,
President of the Trelleborg Engineered Systems business area.
NPC has its head office and production in Milford, New Hampshire, US,
plus another minor production facility in the US.
NPC is a portfolio company of American Capital Strategies Ltd. (Nasdaq:
ACAS), the largest U.S. publicly traded alternative asset manager.
The operations will be integrated with the existing business within
Trelleborg Engineered Systems.
The transfer of NPC Inc. is expected to occur during the second quarter
of 2008.
Trelleborg is a global industrial group whose leading positions are
based on advanced polymer technology and in-depth applications know-how.
Trelleborg develops high-performance solutions that seal, damp and
protect in demanding industrial environments. The Trelleborg Group had
annual sales 2007 of approximately SEK 31 billion, with about 25,000
employees in 40 countries. The Group comprises four business areas:
Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing
Solutions and Trelleborg Wheel Systems. The Trelleborg share has been
listed on the Stockholm Stock Exchange since 1964 and is listed on the
OMX Nordic List, large cap. www.trelleborg.com
This information was brought to you by Cision http://newsroom.cision.com
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