Trelleborg buys all of Wuxi Trelleborg antivibration business

By Liz White, ERJ staff

Trelleborg, Sweden-Trelleborg Group is buying the 45 percent of shares in its Wuxi Trelleborg Vibration Isolator Co. joint venture owned by its partner Wuxi Guolian Group.

The venture, based in Wuxi, outside Shanghai, is run as part of the Trelleborg Automotive unit, and has been majority owned by the Swedish rubber group since 2000.

“The acquisition of the remaining holding in Wuxi represents part of our strategic drive to reinforce our competitiveness in Asia,” commented Peter Nilsson, ceo of Trelleborg,…

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