Trelleborg, Sweden – Trelleborg Industrial Solutions has acquired Dutch-based Gutteling Group BV, the Swedish company announced 5 March
Gutteling supplies composite hoses to the chemical industry and claims to be a market leader in hoses for LNG (liquefied natural gas) ship-to-ship transfer.
The SEK115-million-sales business complements Trelleborg’s industrial offerings: composite hoses are mainly used for aggressive chemicals, such as chlorine, sulfuric acid, biofuels and LNG.
Gutteling has its head office and production in Rotterdam, the Netherlands, with production in the Czech Republic, as well as a sales office in the US, stated Trelleborg.
“We have a long-standing business relationship and recognize the company as an innovative supplier of high-quality hoses and fittings for demanding environments,” said Jean-Paul Mindermann, president of Trelleborg Industrial Solutions.
Gutteling, he added, “reinforces our position as a system provider in LNG transfer, while also strengthening us in the aftermarket.
“We can also see sales synergies between the company and our existing composite hose offering.”