Trelleborg acquires manufacturer of precision seals for the aerospace industry
Trelleborg has, through its business area Trelleborg Sealing Solutions, signed an agreement to acquire a U.S.-based subsidiary of CoorsTek, Inc. that specializes in the manufacturing of precision seals for the aerospace industry. The acquisition will further strengthen Trelleborg’s presence in North America and in sealing solutions for major aircraft programs. Completion of the transaction is subject to the approval of the relevant authorities. The operation is located in El Segundo, California. Sales amounted to approximately SEK 115 M in 2015. This bolt-on acquisition is part of