Trelleborg makes acquisition for expansion in the Chinese market for specialty tires
Trelleborg has acquired an operation in Xingtai (Hebei), in eastern China, to facilitate the Group’s expansion in the Chinese market for specialty tires, primarily agricultural tires.Trelleborg has acquired an existing facility from a Chinese company, part of the US Group Main Industrial Tire LLC, and will also take over approximately 180 employees.“Our customers are becoming increasingly global. They are now becoming established in Asia, mainly in China, which is why we are implementing this acquisition. This is an excellent way of entering the rapidly expanding Chinese market,” says