Trelleborg assumes full ownership of seals JV in Americas

Trelleborg, Sweden – Trelleborg Industrial Solutions has assumed full ownership of its Max Seal joint venture in Latin America.

The company acquired a 51% stake in the Costa Rica-headquartered maker of polymer-based sealing systems in 2014.

In a statement on 5 Feb, Trelleborg said it had purchased the remaining 49% of the shares in Max Seal.

Trelleborg will be consolidating the business into its Americas seals and profiles operation.

Max Seal develops and manufactures polymer-based sealing systems, including rubber gaskets for water pipes.

The company has a sole production plant…

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