Trelleborg divests facility that manufactures rubber boots for light vehicles

Trelleborg has signed an agreement to divest a facility that manufactures rubber
boots for light vehicles. The business operation is based in Spain and is part
of the Trelleborg Industrial Solutions business area. The buyer is the French
Group Delmon Industrie S.A.

Trelleborg is active in the production of polymer boots for drive shaft
(constant velocity joints) and steering systems (rack and pinion) for light
vehicles. Generally, two materials are used for boots in these applications,
either rubber or thermoplastic elastomer (TPE). Trelleborg supplies boots in
both materials.

The market demand for TPE boots for constant velocity joints and rack and pinion
is steadily increasing, while demand for rubber boots is shrinking. Trelleborg
is therefore divesting its Spanish business operation that solely manufactures
rubber boots for constant velocity joints. The divestment does not affect
Trelleborg’s TPE boots operations.

“The rationale behind this deal is straightforward. There is an ongoing
technology shift and TPE boots are rapidly gaining market share at the expense
of rubber boots. We will now put more emphasis on the faster-growing part of the
light vehicle boot segment. Moreover, the TPE boot segment is a niche where we
have a strong global position, and we will continue to capitalize on our
technology and global capabilities in this market,” says Mikael Fryklund,
President of the Trelleborg Industrial Solutions business area.

“We believe a new owner of the operation is better placed to develop it and able
to supplement shrinking production of rubber boots with new products, to
maintain the operation in Spain,” concludes Mikael Fryklund.

Sales from the operation in 2013 amounted to approximately SEK 150 M. The
transaction will only have a negligible impact on the Group’s earnings and is
expected to be concluded in the third quarter of 2014.


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.
www.trelleborg.com


For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67015, 46 (0)733
747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46
(0)708 665140, christofer.sjogren@trelleborg.com