TRELLEBORG, Sweden (April 28)–Trelleborg A.B. has agreed to buy Armwest Pty. Ltd., a Perth, Australia-based maker of rubber sheeting, to strengthen its existing presence in Australia.
Trelleborg will incorporate Armwest into its Trelleborg Engineered Systems business unit. Terms of the deal were not disclosed.
Armwest makes rubber sheeting for specialized applications and materials handling in Western Australia; it generated about $2.5 million in sales last year, Trelleborg said.
“This acquisition strengthens our leading positions in Australia within attractive growth areas,” said Business Area President Peter Nilsson. “Establishing operations…