Trelleborg , Sweden – Trelleborg Sealing Solutions is to acquire Sil-Pro LLC, a US-based contract manufacturer of silicone and plastics components, Trelleborg has announced.
Privately owned Sil-Pro, which specialises in applications for medical technology OEMs, will broaden Trelleborg’s current offering in the healthcare & medical industry, the Swedish group said 5 Aug.
With its head office and production facility in Delano, Minnesota, the US company achieved total sales of about SEK350 million (€34 million) in 2017.
“This acquisition complements our existing offering and expands our product range in such areas as drug delivery and surgical tools,” said Peter Hahn, president of the Trelleborg Sealing Solutions.
“The company is well-reputed with first-rate quality systems and cleanroom standards. Its expertise and capacity within tool making is a welcome addition to our current operation,” added Hahn.
The deal is expected to be finalised in the beginning of the first quarter of 2019, subject to necessary approvals.