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2006-08-18 News Headlines
Trelleborg agrees to acquire roofing products business Trelleborg Building Systems acquisition strengthens roofing products position in the Danish market.
Trelleborg, through its Building Systems business area, has signed an agreement in principle to acquire the operations of Hetag Tagmaterialer A/S, with about 20 employees and annual sales of approximately SEK 100 M, and 40 percent of the operations of Hetag Tagdaekning A/S and its subsidiaries, which have annual sales of about SEK 300 M. Hetag is privately owned and based in Hedensted, Denmark. Hetag Tagmaterialer A/S distributes roofing products in the Danish market,
while Hetag Takdaekning A/S conducts roofing contract work. “Trelleborg Phonix has a strong position in the Danish roofing market. The acquisition of Hetag Tagmaterialer includes products that complement Trelleborg Phonix’ offering,” says Peter Suter, Business Area President of Trelleborg Building Systems. “The acquisition strengthens our market position in the Danish market, while there are also administrative and logistics synergies.” The final agreement is conditional upon the fulfillment of certain terms. The acquisition is expected to be completed on October 1, 2006.
Trelleborg Building Systems is a leading supplier of polymer and bitumen-based
building products for sealing and waterproofing applications in industrial
and consumer markets. Trelleborg Building Systems has sales of approximately
SEK 2.6 billion and about 1,500 employees. Production units are located
in Sweden, Denmark, Finland, Poland, Germany, Spain, the UK and the US.
Sealing Profiles: Sealing products for the construction sector and other industries, and sealing strips for the consumer market. Key brands include ETM*, Dipro* and Varnamo*. Waterproofing Systems: Bitumen and polymer-based products for application within the construction and civil engineering sectors. Trelleborg’s membranes for waterproofing and protection applications are used in reservoir, landfill and bridge-protection environments. Within waterproofing and moisture protection for buildings, the business area has strong brands in Mataki*, Trebolit* and Phonix Tag*. Pipe Seals: Sealing systems for concrete and plastic pipes, a complete product portfolio for concrete, plastic and steel pipe producers. The head office is located in Trelleborg, Sweden. Find Information about Trelleborg AB. Trelleborg is a global industrial group whose leading positions are based
on advanced polymer technology and in-depth applications know-how. Trelleborg
develops high-performance solutions that seal, damp and protect in demanding
industrial environments. The Trelleborg Group has annual sales of approximately
SEK 24 billion, with about 22,000 employees in 40 countries. 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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