Trelleborg strengthens its production process in brake shims Acquires PressoNova in Kalmar with SEK 35 M in sales Trelleborg, through its Trelleborg Automotive business area, has signed an agreement to acquire the privately owned Swedish company PressoNova AB, with about 30 employees and sales of approximately SEK 35 M. PressoNova is currently a subcontractor to Trelleborg and conducts cutting work for Trelleborg's production of brake linings, so-called brake shims, for the automotive market. Trelleborg has a world-leading position in brake shims. “Through this acquisition, we will strengthen our production process and gain increased control in the value chain, which will generate an immediate positive effect operationally and financially,” says Roger Johansson, President of the Trelleborg Automotive business area. “The brake shims segment already generates positive profitability and has strong development potential.” PressoNova AB has its head office and production in Kalmar. The operation will be integrated into the Trelleborg Automotive business area. The takeover of PressoNova AB is expected to occur during the third quarter. Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. We develop high-performance solutions that seal, damp and protect in demanding industrial environments. The Group has annual sales 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 in the OMX Nordic List, Large Cap. www.trelleborg.com ________________________________________________________________________________ ________________________ For further information, please contact: Media: Vice President Mikael Sjöblom, +46 410 670 15, +46 733 74 70 15, mikael.sjoblom@trelleborg.com Investors/analysts: Vice President IR Conny Torstensson, +46 410 670 70, +46 734 08 70 70, conny.torstensson@trelleborg.com
Trelleborg strengthens its production process in brake shims
| Source: Trelleborg AB