ERJ staff report (DS)
Stockholm, Sweden -- Trelleborg's previously-announced acquisition of an operation in Xingtai (Hebei), in eastern China, has been finalised. This transaction will facilitate the Group's expansion in the Chinese market for speciality tyres, primarily agricultural tyres.
Trelleborg has acquired an existing facility from a Chinese company, part of the US Group Main Industrial Tire LLC, and will also take over approximately 180 employees.
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Press release from Trelleborg