13 December 2017
Trelleborg has finalized the acquisition of the U.S.-based privately-owned Automated Dynamics that specializes in the manufacturing of advanced composite components for particularly demanding applications. These composites are a strategic, adjacent technology for Trelleborg with high potential in a multiple of industries such as aerospace and chemical applications, and in the long run also for other markets.
The company is located in Niskayuna, New York. Sales amounted to approximately SEK 65 M in 2016. 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 December 12, 2017.
A press release regarding the acquisition was published on June 23, 2017.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of SEK 31 billion and operations in over 50 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems, and the operations of Rubena and Savatech. The Trelleborg share has been quoted on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com
Trelleborg AB press release