Trelleborg acquires US distributor of precision seals
Through its Trelleborg Sealing Solutions business area, Trelleborg has acquired the privately owned US distributor AFM Inc., which has about 45 employees and annual sales of approximately SEK 85 M.
AFM is a rapidly growing distributor of hydraulic seals and customized rubber components with its head office in Portland, Oregon, and an office in Fresno, California. The company’s range of products includes dynamic seals, static seals and rotary seals. The bulk of AFM’s current sales are to OEM customers within several industrial segments, among others aerospace. AFM’s operations will be integrated into Trelleborg Sealing Solutions.
“AFM is a profitable and well-managed company with a wide range of products. This acquisition increases Trelleborg Sealing Solution’s market presence in the US Northwest and central California,” says Claus Barsøe, Business Area President of Trelleborg Sealing Solutions.