Trelleborg Group has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire the German-based aerospace interiors company MG Silikon GmbH, an entity within Saint-Gobain Group.
Torben Anderson, Aerospace Segment Director at Trelleborg Sealing Solutions, says: “With the acquisition of MG Silikon, we increase the production capacity of airframe seals and create an even more complete product portfolio for aerospace applications. We expand our silicone-based sealing solutions offering for cabin interiors, which is a strategic growth area for us, and we access new value-creating products such as injection molded seals for aircraft windows.
“This acquisition strengthens Trelleborg’s position in the aerospace industry, with the transaction expected to be finalized in the fourth quarter of 2022, subject to approvals from relevant authorities.”
The aerospace market is expected to show strong growth in the coming years. Aircraft manufacturers and other stakeholders are pursuing projects that make the industry more sustainable through the use of materials that make aircraft lighter and more aerodynamic, increase engine efficiency, and decrease overall emissions. Trelleborg is supporting this through the development of lightweight materials that are an alternative to aluminum, with a long product life. For Trelleborg, this bolt-on acquisition is part of the strategy to grow in attractive industries which complement and strengthen the Group's existing offerings.
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