Trelleborg strengthens its global printing solutions position by acquiring a printing blankets business in Brazil
Trelleborg has completed the acquisition of Printec, the printing blankets business of Day Brazil SA. Printec has a strong presence in Latin America and in the U.S. with a single production facility in Brazil. Printec has annual sales of approximately SEK 250 M and has approximately 160 employees.
The acquisition strengthens Trelleborg’s leading position in the area of printing blankets, i.e. polymer coated fabrics for use in offset printing.
“The acquisition supports Trelleborg’s strategy to strengthen our leading positions within attractive and profitable market segments,” says Dario Porta, President of Trelleborg Coated Systems, which is part of Trelleborg Engineered Systems business area. “Printing blankets for the graphic industry is an attractive segment for us, where several applications and geographical markets, not least in Latin America, show steady growth.
“Printec has an attractive portfolio of advanced products and shows strong profitability. Via the acquisition of this local market leader, we have strengthened our position as global leader and business partner in Latin America and in the U.S. Printec will serve as a strong platform, especially in Latin America, and substantial synergies are expected after integration with, and leverage of, our global structure,” concludes Dario Porta.