Trelleborg acquires industrial tires operation- strengthens global leading position and adds interesting growth segment to portfolio of products
Trelleborg, through its business area Trelleborg Wheel Systems, has signed an agreement to acquire Maine Industrial Tire, a U.S.-based market leader specializing in solid tires for vehicles such as forklifts. The acquisition complements Trelleborg’s already strong presence and product portfolio in the segment. Maine Industrial Tire’s headquarters is in Massachusetts, U.S., while its production facilities are located in Pennsylvania, U.S., and Xingtai (Hebei), China. Annual sales amount to approximately SEK 600 M and approximately 650 people are employed in the company. The bolt-on