Trelleborg acquires part of Danish roofing contractor Trelleborg, through its Trelleborg Engineered Systems business area, has acquired 40 percent of the operations of Hetag Takdaekning A/S, including its subsidiaries, with about 125 employees and annual sales of approximately SEK 300 M. Hetag Takdaekning A/S, which conducts roofing contract work, is privately owned and based in Hedensted, Denmark. The acquisition has an insignificant impact on the Trelleborg Group's earnings and financial position. In 2006, Trelleborg acquired Hetag Tagmaterialer A/S, a distributor of roofing products in the Danish market. The acquisition contained an agreement in principle to also acquire part of Hetag's contracting business, which has now taken place. The roofing contractor companies will be operated as joint ventures between Trelleborg and the local management. “This move strengthens our position in the Danish roofing market,” says Lennart Johansson, business area President of Trelleborg Engineered Systems. “We acquire a contractor that is well established throughout Denmark and one that is an excellent complement to our existing roofing operation. We have positive experience of cooperation in joint-venture form for this type of contracting.” For further information, contact Trelleborg AB's Corporate Communications Department, +46 (0)410-670 00 or Conny Torstensson, Vice President Investor Relations, +46 (0)410-67070, +46 (0)734-087070. Trelleborg is a global engineering group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of approximately SEK 31 billion, with about 25,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic List, large cap. www.trelleborg.com
Trelleborg acquires part of Danish roofing contractor
| Source: Trelleborg AB