Trelleborg’s acquisition of marine fender systems company finalized
Trelleborg has finalized the acquisition of Maritime International, Inc., a U.S. based privately owned marine fender systems company. The company designs and manufactures marine fender systems and other quay accessories. The acquisition strengthens the presence of Trelleborg in berthing, docking and mooring in North America and reinforces Trelleborg’s leading position globally.
The acquired business has its head office and main manufacturing facility in Broussard, Louisiana. Sales are mainly in North America and amount to approximately SEK 200 M annually. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.
The transaction will be consolidated as of October 15, 2015.
A press release regarding the acquisition was published on September 25, 2015.