Trelleborg strengthens production of brake shims
Takes over Ruukkis production plant for surface treatment of steel
Trelleborg is integrating an existing supplier in the specialized surface
treatment of steel into the Trelleborg Automotive business area. The plant is
located in Gävle, Sweden, and was previously owned by the Finnish steel
company, Ruukki.
The plant has 35 employees and is a key supplier to Trelleborg Automotive's
production of brake shims, a component in vehicle brakes that eliminates noise
and vibrations.
“The takeover will enable us to further strengthen control of our value chain,
while increasing our flexibility in terms of steel purchases,” says Roger
Johansson, Business Area President of Trelleborg Automotive. “The brake shims
segment is already displaying good profitability and has a strong development
potential.”
The operations will be integrated with the Trelleborg Automotive business area.
Trelleborg pays approximately SEK 26 M for the assets.
The transfer of the plant is expected to occur during the fourth quarter of
2008.
For further information, please contact:
Media: Vice President Media Relations Mikael Sjöblom, +46 (0)410 67015, +46
(0)733 74 70 15, mikael.sjoblom@trelleborg.com
Investor/analyst: Vice President IR Conny Torstensson, +46 (0)410 67070, +46
(0)734 087070, conny.torstensson@trelleborg.com
Trelleborg is a global engineering 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 in 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
Trelleborg strengthens production of brake shims
| Source: Trelleborg AB
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