Trelleborg has completed the divestment of its protective products operation
Trelleborg has completed the divestment of its operation that produces high-technology protective products for professional users. Operations are mainly based in Sweden and Lithuania and were part of Trelleborg Engineered Systems. The buyer is Ansell Limited whose operational head office is in Red Bank, New Jersey, in the US. The purchase consideration amounted to approximately SEK 210 M and is expected to lead to a capital gain in accounting terms of approximately SEK 130 M after tax.
A press release on the divestment agreement was published on April 11, 2012.