Through its Trelleborg Sealing Solutions business unit, Sweden-based Trelleborg has acquired distributor AFM Inc., Portland, OR, which has 45 employees and sales of US$12.8 million (SEK 85M).
AFM is a distributor of hydraulic seals and customized rubber components. Products include dynamic seals, static seals and rotary seals. The bulk of AFM’s current sales are to OEM customers in several industrial segments, including aerospace.
AFM’s operations will be integrated into Trelleborg Sealing Solutions. AFM is a profitable and well-managed company with a wide range of products. This acquisition increases Trelleborg Sealing Solution’s market presence in the US Northwest and central California,” says Claus Bars& oslash; e, Business Area President of Trelleborg Sealing Solutions.
The Trelleborg Group had sales in 2006 of SEK 27 billion (US$4.06B), with 23,000 employees in 40 countries. The Group is comprised of four business units: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems.