Trelleborg acquires US manufacturer of rotary seals
Trelleborg has, through its Trelleborg Sealing Solutions business area, signed an agreement to acquire US-based Tritec Seal. The company offers engineered polytetrafluoroethylene (PTFE) sealing solutions. The acquisition strengthens Trelleborg’s product portfolio, primarily in rotary seals, while giving the business area access to increased manufacturing capacity that is needed. Tritec Seal has its headquarters in Fenton, Michigan, U.S. Sales totaled approximately SEK 300 M in 2018. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive