STOCKHOLM, Sweden, Nov. 8, 2005 (PRIMEZONE) -- Through its Trelleborg Engineered Systems business area, Trelleborg has acquired the operations of Dunlop GRG Holdings Ltd. in Manchester, in the U.K., a company with operations focusing on project-related products for protection and transport in demanding environments. The company is privately owned, has some 50 employees and annual sales of approximately SEK 70 M.
Dunlop GRG Holdings is market leading in the development and manufacture of large, specially adapted flexible containers for the protection and transportation of fluids, such as fuel and water tanks. These are used in marine operations, the defense industry and global rescue operations and disaster relief.
The operations will be integrated fully within Trelleborg Engineered Systems' existing organization. Synergies are expected to be generated through the possibility of utilizing the business area's global network for product marketing and through the processing of semi-manufactured goods within the Group.
The Trelleborg Engineered Systems business area had net sales of approximately SEK 4 billion in 2004 and has about 3,200 employees. Its head office is located in the town of Trelleborg, Sweden and production units are located in Australia, Canada, France, Germany, the Netherlands, Norway, Singapore, Sweden, the U.K. and the U.S. The business area has a distribution organization for industrial supplies in North America.
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 the Stockholm Stock Exchange since 1964. www.trelleborg.com
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-0- Trelleborg Viktoria Bergman, Senior Vice president, Corporate Communications, +46 (0)410-670 94/ +46 (0)708-47 57 33 Mikael Bystrom, Senior Vice President Investor Relations +46 (0)410-670 37/ +46 (0)708-55 21 69