The 2020 Mid-Year Economic Update_long

Trelleborg Acquires Penn. Seals Distributor

The Trelleborg Group, through the Trelleborg Sealing Solutions business area, has acquired the privately owned seal distributor Sealing Solutions Inc., Colmar, PA, which has about 40 employees and annual sales of SEK 100 M (US$15.8M based on current exchange rates).


Sealing Solutions is a distributor of Trelleborg's and other suppliers'sealing products, primarily to the aerospace industry and industrial OEM companies.
&nbsp ;
Sealing Solutions is a well-managed, profitable and growing player that, in combination with our earlier acquisitions this year, will further strengthen our distribution in North America. This acquisition will give us valuable new customer contacts among, for instance, aerospace systems manufacturers, jet engine manufacturers and industrial ...

The Trelleborg Group, through the Trelleborg Sealing Solutions business area, has acquired the privately owned seal distributor Sealing Solutions Inc., Colmar, PA, which has about 40 employees and annual sales of SEK 100 M (US$15.8M based on current exchange rates).

Sealing Solutions is a distributor of Trelleborg’s and other suppliers’sealing products, primarily to the aerospace industry and industrial OEM companies.
&nbsp ;
Sealing Solutions is a well-managed, profitable and growing player that, in combination with our earlier acquisitions this year, will further strengthen our distribution in North America. This acquisition will give us valuable new customer contacts among, for instance, aerospace systems manufacturers, jet engine manufacturers and industrial OEM customers. Furthermore, we will benefit from the company’s exemplary inventory procedures and capacity for integrated deliveries,” says Claus Bars& oslash; e, president, Trelleborg Sealing Solutions.
&nbsp ;
Trelleborg is a global industrial supplier with annual sales in 2006 of SEK 27 billion. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.