Trelleborg expands its offering by acquiring industrial hose operation

Trelleborg expands its offering by acquiring industrial hose operation

Through its Trelleborg Engineered Systems business area, Trelleborg has
signed an agreement to acquire the French company Bloch S.A., a
privately owned high-end industrial hose solution provider, which
generates annual sales of about SEK 70 M and has approximately 20
employees. The agreement encompasses the acquisition of 60% of the
business with an option to acquire the remainder.

“The acquisition of Bloch enables Trelleborg to strengthen its
industrial hose offering thus creating the conditions for future growth.
We will be able to offer customers complete solutions in selected
segments that add value to us and that means better service for our
customers,” says Business Area President, Lennart Johansson.

Bloch primarily specializes in complete solutions and special couplings
for a wide range of industrial hoses that offer protection in
particularly demanding environments, such as chemical processing and the
food sector. The company has offices and production facilities in Lyon,
France.

The acquisition is expected to be completed during the third quarter of
2011.

 

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 Trelleborg Group had annual sales
during 2010 of approximately SEK 27 billion, with about 20,000 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 (http://www.trelleborg.com)
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For further information, please contact:
Media: Vice President Media Relations Karin Larsson, +46 (0)410 67015,
+46 (0)733 74 70 15,
karin.larsson@trelleborg.com (karin.larsson@trelleborg.com)
Investors/analysts: Vice President IR Conny Torstensson, +46 (0)410
67070, +46 (0)734 087070,
conny.torstensson@trelleborg.com (conny.torstensson@trelleborg.com)