Trelleborg completes purchase of Watts Tyres

ERJ staff report (DS)

Stockholm, Sweden -- Trelleborg completed its acquisition of UK-company Watts Tyre Group on 4 Feb., 2011. Watts has annual sales of approximately SEK 300 M (euro 34 million) and about 210 employees. Trelleborg said the acquisition strengthens its position in industrial tyres, through geographic expansion and an increased presence in the aftermarket.

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Press release from Trelleborg