Trelleborg has completed the divestment of its roofing operations
Trelleborg has completed the divestment of its roofing operations, which were part of the Trelleborg Engineered Systems business area. The operations are being taken over by Axcel, a Nordic venture capital company.
A press release on the divestment agreement was published on December 6, 2010.
Recognition in Trelleborg’s Year-end Report
In Trelleborg’s Year-end Report, which will be published on February 15, 2011, these operations will be reclassified in the income statement and recognized under the heading “Discontinued Operations.”