Trelleborg, Sweden – Trelleborg has finalised the acquisition of privately owned US-based Anderson Seal LLC, which distributes seals, gaskets and custom-moulded products for OEMs.
The acquisition, said a company release on 8 Sept, will increase help Trelleborg’s presence in the US Midwest.
Based in New Berlin, Wisconsin, Anderson Seal had sales of approximately €15 million in 2015.
“With the acquisition Trelleborg will significantly increase its market share in the American Midwest,” said president of the Trelleborg Sealing Solutions Claus Barsøe.
The transaction, the amount of which has not been announced, was completed 7 Sept.