02/14/2012

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Trelleborg and Freudenberg to form JV for antivibration solutions

The JV will comprise Trelleborg Automotive's operations in antivibration solutions and Freudenberg's corresponding activities, Vibracoustic. In 2010, Vibracoustic generated sales of round EUR 600 million and employed about 3,100 people. The part of Trelleborg Automotive that will be included in the JV had annual sales of about SEK 6.3 billion (~EUR 718 million) and 5,200 associates at year-end 2010. Completion of the transaction is subject to the approval of the relevant competition authorities.

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