Trelleborg’s acquisition of Danish roofing operations finalized
Trelleborg’s acquisition of operations in Hetag Tagmaterialer A/S with about 20 employees and annual sales of approximately SEK 100 M has been finalized. Hetag Tagmaterialer A/S, which distributes roofing products in the Danish market, is privately owned and based in Hedensted, Denmark.
In conjunction with the acquisition, a contract was also signed comprising an option to acquire, within a year, the entire Hetag Group’s roof contracting operations (Hetag Takdaekning A/S, Trekantens Tagenterprise ApS and Nordisk Tagenterprise A/S), which have annual sales of approximately SEK 300 M.
“Trelleborg Phønix has a strong position in the Danish roofing market. The acquisition of Hetag Tagmaterialer includes products that supplement Trelleborg Phønix’s offering,” says Peter Suter, Business Area Manager for Trelleborg Building Systems. “The acquisition will strengthen our market position in Denmark and there are also synergies within administration and logistics.”