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Trelleborg Acquires Anderson Seal

Time:12 Sep,2016
The acquisition will significantly increase the presence for Trelleborg in the Midwest. Trelleborg, through its business area Trelleborg Sealing Solutions, has finalized the acquisition of Anderson Seal LLC, a privately owned U.S.-based seal distributor and value-added service partner. “Anderson Seal’s company culture and vision complements that of Trelleborg Sealing Solutions, as well as supports its total value of ownership (TVO) approach and advanced delivery program," said Linda Muroski, president of marketing Americas. "The company’s expertise in complex assembly and best practices in kitting will continue to deliver the kind of value our customers have come to expect.” The acquisition supports the growth strategy of Trelleborg Sealing Solutions and further expands the delivery and service of seals, gaskets and custom-molded products for OEMs in industries such as automotive, hydraulic, and medical/life sciences. The acquisition will significantly increase the presence for Trelleborg in the midwestern United States and accelerate its advanced delivery services. The acquired company has an office and warehouse in New Berlin, Wis. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments. “We are thrilled to be able to continue to provide exceptional services to our customers in the same manner as we have been doing over the last decade but now with the advantage and backing of a global leader,” said Jennifer Hansen, president of Anderson Seal. Trelleborg Sealing Solutions develops, manufactures and supplies precision seals. It supports its aerospace, industrial and automotive customers through more than 20 production facilities and more than 40 marketing companies globally. Within its portfolio are some of the longest established sealing brands, including Busak+Shamban, Chase Walton, Dowty, Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a large number of proprietary products and materials such as Turcon, Zurcon, Orkot, Isolast, Stepseal, and Wills Rings. Trelleborg is a developer of engineered polymer solutions that seal, damp and protect critical applications in demanding environments. The Trelleborg Group has annual sales of SEK 30 billion (3.25 billion euros, $3.6 billion) in more than 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions, and Trelleborg Wheel Systems, and the operations of Rubena and Savatech. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.

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