Trelleborg rebuffs report of $2bn bid for TWS

Trelleborg, Sweden – Trelleborg Group has rebuffed a report suggesting that it is considering a bid from Yokohama Rubber Co. for its Trelleborg Wheel Systems (TWS) business.

In a written comment to ERJ regarding the reported $2-billion bid, a Trelleborg spokeswoman said “we never comment on unsubstantiated and speculative rumors.” 

The Swedish group, she added, is “very committed to our tire business and have invested in our platform following the integration of Mitas and Trelleborg. 

“Our aim is to continue to invest to build an even more successful future.”