Divestment of majority holding in Trelleborgs's Distribution sector now approved
Divestment of majority holding in Trelleborg's Distribution sector now approved and implemented On November 12, the Trelleborg Group announced that an agreement had been entered into with Nordic Capital regarding the sale of Trelleborg's majority (51 percent) holding in its Distribution sector (Ahlsell, Bröderna Edstrand, Reynolds and Starckjohann). The transaction was conditional upon the approval of the EU competition authority and a formal final agreement regarding external financing. Both conditions have now been met and the sale has thus been implemented. Further information can be obtained from Trelleborg AB's Corporate Communications Department, telephone +46 (0)410-670 00. www.trelleborg.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/22/19991222BIT00400/bit0001.doc http://www.bit.se/bitonline/1999/12/22/19991222BIT00400/bit0002.pdf