Trelleborg’s acquisition in specialty tires for the Chinese market finalized
Trelleborg’s acquisition of an operation in Xingtai (Hebei), in eastern China, has been finalized. This transaction will facilitate the Group’s expansion in the Chinese market for specialty tires, primarily agricultural tires.
Trelleborg has acquired an existing facility from a Chinese company, part of the US Group Main Industrial Tire LLC, and will also take over approximately 180 employees.
A press release regarding the acquisition was published on February 17, 2011.