Trelleborg acquires coated fabrics businesses in North America
ET | Source:Trelleborg AB
Trelleborg has, through its business area Trelleborg Coated Systems, signed an
agreement to acquire the assets and businesses from the U.S. based privately
owned Uretek Archer LLC Group comprising Uretek LLC and Archer Rubber Company
LLC. Completion of the transaction is subject to the approval of the relevant
Uretek and Archer develop and manufacture urethane-coated fabrics and rubber
-coated fabrics respectively. Their products and solutions are used across
multiple segments, such as aerospace, healthcare, outdoor recreation, government
“The acquired businesses have superior technical knowledge with focused R&D and
product development, in addition to solid partnerships with customers. The
acquisition complements our existing business in engineered fabrics and broadens
our product range in North America,” says Dario Porta, President of the
Trelleborg Coated Systems business area.
The businesses have manufacturing facilities in New Haven, Connecticut and in
Milford, Massachusetts, U.S., respectively. Total sales are mainly in North
America and amounted to about SEK 480 M in 2013.
The transaction is expected to be finalized in the third 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.
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
2321 Rosecrans Avenue.
El Segundo, CA 90245 Phone: (800) 307-6627 Fax: (800) 307-3567
25 Basinghall Street,
London EC2V 5HA
UK Phone: +1 866-465-8454