By Liz White, ERJ staff
Stockholm-Swedish group Hexagon has bought the wheel-making division of Trostel SEG Inc. based in Lake Geneva, Wisconsin.
Hexagon Polymers has made no secret of its wish to grow this business. The business group’s president Lars Olofsson told ERJ earlier this year that the group wanted to expand this business geographically, with the addition of a manufacturing operation in the US being a prime target.
The Trostel business acquired, which has annual turnover of $13 million (Euros 10.8 million), makes Hexagon…