Trelleborg’s acquisition of anti-vibration supplier finalized
Trelleborg has finalized the acquisition of 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 M in 2015.
The transaction will be consolidated as of October 1, 2016.
A press release regarding the acquisition was published on August 10, 2016.
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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 about SEK 30 billion in over 40 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 listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.