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2006-08-02 News Headlines
Trelleborg completes acquisition of Kawneer Rubber and Plastics The acquisition of Kawneer Rubber and Plastics and its the production operations from Bristol, Indiana by Trelleborg AB has now been completed.
Kawneer Rubber and Plastics (KRP), owned by Kawneer Company Inc., has
annual sales of approximately SEK 90 million with about 40 employees.
KRP manufactures polymer sealing products, such as extruded profiles,
mainly for the construction and transportation industries. The company
has production operations in Bristol, Indiana. “Together with EPG, acquired earlier this year, KRP will give us an even stronger growth platform for our operations in North America, in construction as well as in other industries,” says Peter Suter, President of Trelleborg Building Systems. “We will now have the opportunity to transfer know-how from Europe to the North American market, and we foresee synergies between KRP and EPG, technically and with regard to administration.”
Trelleborg’s acquisition of the protective suit operations, UAB
Trella, from Lithuanian company Svytis has also been completed as of July
31, 2006. Trelleborg develops high-performance solutions that seal, damp and protect
in demanding industrial environments. The Group comprises five business areas: Trelleborg Automotive, Trelleborg
Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems
and Trelleborg Sealing Solutions.
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