Trelleborg´s acquisition of company group within marine fender systems completed

Trelleborg's acquisition of company group within marine fender systems completed Trelleborg's acquisition of Hercules Rubber & Chemicals (Singapore), Queensland Rubber (Australia) and Fentek Marine Systems (Germany) has been completed. The main products are marine fender systems and other infrastructure construction products (for example, bridge bearing systems and tunnel seals). The companies sell their fender systems under a common brand name, Fentek, which is the market leader in Europe and Oceania and is considered as No. 2 globally. The companies also hold favorable market positions with other infrastructure construction products, an area of business in which Trelleborg already occupies leading market positions and expects to achieve synergistic effects. During 2000, the companies had combined sales of around SEK 230 M, with approximately 300 employees at plants in Singapore, Australia, Germany and the UK. The global market for fender systems is estimated to be worth SEK 1-1.5 billion per year. Sales are governed by the supply of major projects, which means that the market can vary from year to year. Further information can be obtained from Georg Brunstam, President of Trelleborg Engineered Systems, telephone: +46 410 512 51, +46 708 55 12 51, or via Trelleborg AB's Vice President, Corporate Communications, Mikael Sjöblom, +46 410 670 94, or +46 708 55 21 30. Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers. The Group has annual sales of SEK 17 billion (pro forma 2000, including the acquisition of LAC), with approximately 16,000 employees in 40 countries. Trelleborg consists of four business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems and Trelleborg Building Systems. The Trelleborg share has been quoted on the OM Stockholm Exchange since 1964. Trelleborg Engineered Systems is one of four business areas within the Trelleborg Group. Engineered Systems develops, manufactures, markets and distributes flow-control systems and engineering solutions in polymer materials, all with a high engineering content, to leading customers in global markets. The business area has annual sales of SEK 3 billion and 2,850 employees. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: