Trelleborg acquires Turkish industrial hose company and confirms market-leading position
ET | Source:Trelleborg AB
Trelleborg has, through its business area Trelleborg Industrial Solutions,
signed an agreement to acquire the privately owned Superlas Group. The company
develops and manufactures industrial hoses for a range of industries, such as
construction and civil engineering, processing, industrial cleaning and tanker
transportation. The acquisition consolidates Trelleborg’s market leading
position in industrial hoses.
The company has manufacturing facilities in Turkey and sales offices in Austria
and the U.K. Sales are global and in 2013 amounted to about SEK 400 M. The
transaction forms part of Trelleborg’s strategy to strengthen its positions in
selected attractive market segments.
“The acquired operation is a major manufacturer of medium/low pressure
industrial hoses and one of the world’s largest in mandrel-build hoses. Superlas
Group offers a product range that complements Trelleborg’s product portfolio
very well. By combining these offers, we create favorable opportunities for
further geographic expansion, particularly in North America and Asia while
strengthening our market position in general”, says Mikael Fryklund, President
of the Trelleborg Industrial Solutions business area.
The transaction is expected to be finalized in the second quarter of 2014.
For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67094, 46 (0)733
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46
(0)708 665140, email@example.com
Trelleborg is a world leader in engineered polymer solutions that seal, damp and
protect critical applications in demanding environments. Its innovative
engineered solutions accelerate performance for customers in a sustainable way.
The Trelleborg Group has annual sales of about SEK 21 billion in over 40
countries. The Group comprises five business areas: Trelleborg Coated Systems,
Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg
Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50
percent of TrelleborgVibracoustic, a global leader within antivibration
solutions for light and heavy vehicles, with annual sales of approximately SEK
15 billion in about 20 countries. The Trelleborg share has been listed on the
Stock Exchange since 1964 and is listed on NASDAQ OMX Stockholm, Large Cap.
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