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Trelleborg AB Acquires Industrial Tire Distributor


Friday, 1 Feb 2013 03:00am EST 

Trelleborg AB announced that it has, through its business area Trelleborg Wheel Systems, signed an agreement and finalized the acquisition of the industrial tire business of the Dutch company Industriebanden Beheer B.V. The business specializes in the distribution and service of industrial tires, such as those fitted on forklift trucks. The acquisition strengthens and enlarges Trelleborg's European industrial tire distribution network. The acquired business has its head office in Ridderkerk, the Netherlands, and serves mainly the Dutch market. Annual sales in 2012 are estimated at approximately SEK 50 million. The transaction will be consolidated as of February 1, 2013. 

Company Quote

133.9
0.7 +0.53%
23 Dec 2014