Trelleborg has agreed to buy NPC Inc., Milford, NH, with about 100 employees and sales of about $18 million.
This acquisition strengthens Trelleborg's position in pipe seals, primarily for new building and replacement in the infrastructure market. NPC Inc. specializes in large seals for such applications as drains and manholes.
NPC broadens our market presence, primarily in the North American market and, at the same time, provides an excellent complement to Trelleborg's existing range of pipe seals,"says Lennart Johansson, president of the Trelleborg Engineered Systems business area.
NPC is a portfolio company of American Capital Strategies Ltd.
The operations will be integrated with Trelleborg Engineered Systems.