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.
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.
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.