Trelleborg, a world leader in engineered polymer solutions that seal, damp, and protect critical applications in demanding environments, through its business area Trelleborg Industrial Solutions, has signed an agreement to acquire Schwab Vibration Control, a German and Swiss technology leading supplier of industrial anti-vibration components and systems mainly for the rail market, owned by the Freudenberg Group.
Schwab Vibration Control is headquartered and has its production site in Velten, Germany. It also has engineering and sales offices in Adliswil, Switzerland, and Laudenbach, Germany. Sales amounted to approximately SEK 575 million in 2015. Its profitability is in line with Trelleborg Industrial Solutions.Trelleborg, a world leader in engineered polymer solutions that seal, damp, and protect critical applications in demanding environments, through its business area Trelleborg Industrial Solutions, has signed an agreement to acquire Schwab Vibration Control, a German and Swiss technology leading supplier of industrial anti-vibration components and systems...#
Mikael Fryklund, business area president for Trelleborg Industrial Solutions said, “The acquired business offers a broad and complementary product portfolio to Trelleborg, mainly within anti-vibration for rail original equipment manufacturers and rail authorities, off-highway vehicles and dedicated industrial segments, primarily in Europe. Our application expertise within anti-vibration will be further enhanced; Schwab offers world-class cutting-edge engineering and solutions. In addition to increased sales and engineering resources in Europe, our combined offering will also be extended in markets such as North America, China, South East Asia, and India.”
The transaction is expected to be finalised in the fourth quarter of 2016. (GK)
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