Trelleborg to buy Swedish construction products firm

Trelleborg, Sweden — Trelleborg AB has agreed to buy Gummiteknik GTM A.B., a Swedish maker of rubber components for the engineering and construction industries, for an undisclosed price.

Balsta, Sweden-based Gummiteknik GTM — which generates annual sales of about $5 million with 30 employees — will become part of Trelleborg Engineered Systems.

Gummiteknik makes products using injection molding, hot extrusion and pressing of material combinations (rubber/metal and rubber/plastic), Trelleborg said.

“Gummiteknik is one of Sweden´s most successful smaller companies in its specialized area and has shown a high…

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