Trelleborg Completes Acquisition of American Reeves Brothers Inc.
Stockholm, Sweden - Trelleborg´s acquisition of Reeves Brothers Inc.has now been completed and Trelleborg thus becomes global leader in polymer-coated high-precision material. Reeves, with about 1000 employees has annual sales of approximately SEK 1400 million (€152 million).
Reeves, with its head office in Spartanburg, South Carolina, has four production units, of which two are in the US, one in Italy and one in China. Reeves' operation is divided into two divisions of equal size: Engineered Fabrics - polymer-coated fabrics with numerous application areas such as the aerospace industry, personal protective equipment, the defense industry and fluid solutions - and Printing Blankets - polymer-coated composite fabrics designed in several layers for use in commercial offset printing.
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Press release from Trelleborg
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