Trelleborg buys polyurethane seal maker

ERJ staff report (DS)

Stockholm -- Trelleborg's Engineered Systems business area, is to acquire PPL Polyurethane Products Ltd., which has annual sales of approximately SEK 90 M and about 90 employees.

PPL Polyurethane Products is based in the UK and develops, manufactures and markets a broad portfolio of polyurethane-based solutions and products, with a focus on the offshore oil/gas and infrastructure segments. The products that PPL Polyurethane Products manufactures include bend stiffeners and cable protection products for offshore oil/gas and damping solutions in the infrastructure area, primarily for railroads. The company has offices and production facilities in Retford and Coventry, in the UK.

“The company has had a solid trend for both growth and profitability and in recent years, it has developed attractive positions in the offshore oil/gas and infrastructure segments,” says Lennart Johansson, President of the Trelleborg Engineered Systems business area. “PPL Polyurethane Products is one of the leading companies in the UK for products based on polyurethane for offshore oil/gas and infrastructure. “

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Press release from Trelleborg