Trelleborg, Sweden – Trelleborg has completed the acquisition of a US-based subsidiary of CoorsTek, Inc. that specialises in the manufacturing of precision seals for the aerospace industry.
The El Segundo, California-based operation had SEK115 million (€11.7 million) of sales in 2015. The bolt-on acquisition, said Trelleborg, was part of strategy to strengthen positions in “attractive market segments”.
The company expects the acquisition to improve its presence in North America and in sealing solutions for major aircraft programmes.
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