Trelleborg forms tyre sales JV in Mid-east
Trelleborg, Sweden--Trelleborg Wheel Systems, part of the Trelleborg Group, has signed a joint-venture agreement with Al Dobowi Ltd regarding the distribution of industrial and agricultural tyres in the Middle East and certain parts of Africa. The new company, Trelleborg Wheel Systems Middle East Ltd will be located in Dubai, in the United Arab Emirates.
Trelleborg will own 49 percent of operations and Al Dobowi 51 percent. It
is estimated that the company will initially generate sales of
approximately SEK 15 M annually.
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