Trelleborg acquires industrial tire distributor for further expansion in Europe

Trelleborg has, through its business area Trelleborg Wheel Systems, signed an

agreement to acquire the industrial tire business of the Italian company Pircher

Alfred s.a.s. The business specializes in the distribution and service of

industrial tires, such as those fitted on forklift trucks. The acquisition

further strengthens and enlarges Trelleborg’s European industrial tire

distribution network.

The acquired business has distribution and service centers located in Milan and

Bologna, Italy. Sales in 2012 amounted to approximately SEK 75 M. This bolt-on

acquisition is part of Trelleborg’s strategy to strengthen its positions in

attractive and profitable market segments.

“The focus of globally leading forklift manufacturers is increasingly shifting

toward expanding their presence in local markets. This trend suits our business

and we see the potential to successfully develop and expand our Interfit service

concept for industrial tires. The acquired operation commands a strong position

in the Italian market and has solid profitability. The transaction will

strengthen our capabilities across the supply chain, from manufacturing to

service of industrial tires,” says Maurizio Vischi, President of the Trelleborg

Wheel Systems business area.

The acquisition is expected to be finalized during the first 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

14 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.