ERJ staff report (DS)
Rio de Janeiro, Brazil - Trelleborg's acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalised. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction industry in Brazil.
The operation will be integrated into Trelleborg Engineered Systems business area.
The acquisition and an associated expansion of printing blanket activity was announced on 14 March 2011.
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Press release from Trelleborg