Home » Trelleborg Buys North American Precision Seals Company
Trelleborg Buys North American Precision Seals Company
June 1, 2007
Trelleborg, Stockholm, Sweden, through the Trelleborg Sealing Solutions unit, has acquired precision bearing and sealing devices company Hydro-Components Research & Development Corporation, Streamwood, IL. The company employs 80 and has annual sales of SEK 50 million (US$7.2 million).   ; HCRD manufactures high-precision components, focusing on large diameter seals and bearings.   ; The acquisition helps Trelleborg expand in North America within the heavy duty vehicle segment.   ; Trelleborg Sealing Solutions has annual sales of SEK 5.4 billion (US$778 million). It has production units in Brazil, Canada, China, Denmark, France, India, Italy, Japan, Malta, Mexico, Poland, Sweden, the UK and the U.S.   ; Trelleborg is a global industrial group that develops solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of SEK 27 billion (US$3.89 billion), with about 23,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems.