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Published: 09:55 14.03.2005 GMT+1 /HUGIN /Source: Trelleborg /SSE: TRELB /ISIN: SE0000114837
Trelleborg acquires special seals distributor in India
Through its Trelleborg Sealing Solutions business area, Trelleborg has acquired the sealing operations of the Indian distribution company Rollon Hydraulics Pvt. Ltd. These operations represent Rollon's principal area of business.
Rollon is one of India's leading seals distributors with sales throughout the country. Its head office, technical support and a distribution center are located in Bangalore, in southern India. Rollon has approximately 30 employees and annual sales of approximately SEK 25 M. The majority of Rollon's sales involve products manufactured by Trelleborg Sealing Solutions.
"The acquisition represents a stage in strengthening our presence in Asia and extending our cultivation of that market," says Claus Barsøe, Business Area President for Trelleborg Sealing Solutions. "India is one of a number of countries with highly favorable potential for growth and Rollon will now provide us with increased coverage there."
Trelleborg Sealing Solutions already has a plant in Bangalore for the production of Turcon® seals. With this acquisition, Trelleborg Sealing Solutions will, through its marketing companies, cover the principal Asian markets, with offices in India, China, Japan, South Korea, Taiwan, Hong Kong and Southeast Asia.
Trelleborg Sealing Solutions is a leading global supplier of high-quality precision seals for industrial applications. The business area has annual sales of approximately SEK 5,000 M and some 5,700 employees. Its headquarters are located in Stuttgart, Germany and production units are located in Brazil, Canada, Denmark, France, India, Italy, Japan, Malta, Mexico, Poland, Sweden, the UK and the US.
For further information, please contact Mikael Byström, Senior Vice President, Corporate Communications, Trelleborg +46 (0) 410-670 37, +46 0708-55 21 69, or Viktoria Bergman, Vice President, Corporate Communications +46 (0) 410-670 94 or +46 708-47 57 33.
Rollon is one of India's leading seals distributors with sales throughout the country. Its head office, technical support and a distribution center are located in Bangalore, in southern India. Rollon has approximately 30 employees and annual sales of approximately SEK 25 M. The majority of Rollon's sales involve products manufactured by Trelleborg Sealing Solutions.
"The acquisition represents a stage in strengthening our presence in Asia and extending our cultivation of that market," says Claus Barsøe, Business Area President for Trelleborg Sealing Solutions. "India is one of a number of countries with highly favorable potential for growth and Rollon will now provide us with increased coverage there."
Trelleborg Sealing Solutions already has a plant in Bangalore for the production of Turcon® seals. With this acquisition, Trelleborg Sealing Solutions will, through its marketing companies, cover the principal Asian markets, with offices in India, China, Japan, South Korea, Taiwan, Hong Kong and Southeast Asia.
Trelleborg Sealing Solutions is a leading global supplier of high-quality precision seals for industrial applications. The business area has annual sales of approximately SEK 5,000 M and some 5,700 employees. Its headquarters are located in Stuttgart, Germany and production units are located in Brazil, Canada, Denmark, France, India, Italy, Japan, Malta, Mexico, Poland, Sweden, the UK and the US.
For further information, please contact Mikael Byström, Senior Vice President, Corporate Communications, Trelleborg +46 (0) 410-670 37, +46 0708-55 21 69, or Viktoria Bergman, Vice President, Corporate Communications +46 (0) 410-670 94 or +46 708-47 57 33.
Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers. The Trelleborg Group has annual sales of approximately SEK 23 billion, with about 22,000 employees in 40 countries. Trelleborg consists of five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of Stockholmsbörsen since 1964. www.trelleborg.com
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