Trelleborg buys US pipe seal company
ERJ staff report (DS)
Milford, New Hampshire -- Trelleborg Engineered Systems is to buy US company NPC Inc., with about 100 employees and sales of SEK 110 M (Euro 11.8 million).
NPC has its head office and production in Milford, New Hampshire, US, plus another minor production facility in the US. The company specialises in large seals for such applications as drains and manholes.
NPC is a portfolio company of American Capital Strategies Ltd. (Nasdaq: ACAS), the largest U.S. publicly traded alternative asset manager.
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Press release from Trelleborg
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