Trelleborg, through its business area Trelleborg Wheel Systems, has 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 about SEK
50 M. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen
its positions in attractive and profitable market segments.
“The acquisition gives us the opportunity to expand our successful industrial
tire service concept while also allowing us to grow in the areas of service and
distribution in Europe. It strengthens our entire supply chain, from
manufacturing to service of industrial tires. The acquired business commands a
strong position in the market and has a favorable profitability record,” says
Maurizio Vischi, Business Area President, Trelleborg Wheel Systems.
The transaction will be consolidated as of February 1, 2013.
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 about SEK 22
billion with about 15,500 employees 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 SEK 13 billion and about 8,000
employees in 18 countries. The Trelleborg share has been listed on the Stockholm
Stock Exchange since 1964 and is listed on the NASDAQ OMX Nordic List, Large
Cap.
www.trelleborg.com
