08/02/2012

www.gupta-verlag.de/thermoplastic-elastomers

Trelleborg strengthens and focuses the group

[image_0]Through this, the operations will benefit from better efficiency, footprint and access to global marketing structures, says the company. The operations had 2011 annual sales of about SEK 600 million (~EUR 68 million) and about SEK 750 million (~EUR 85 million) respectively. Altogether, Trelleborg's offerings to customers will be strengthened. The Engineered Systems business will be focused on three prioritized areas: offshore and infrastructure construction, general industrial applications and polymer-coated fabrics for advanced industrial applications. Three people will assume new positions in Trelleborg's group management: Denis Blanc, Mikael Fryklund and Dario Porta. The company's President and CEO Peter Nilsson will be overall responsible for the Engineered Systems business. Lennart Johansson, Trelleborg Engineered Systems current President, and current President of Trelleborg Automotive, Jim Law, have been appointed as the group's representatives in the management board of the joint venture of antivibration solutions for light and heavy vehicles that is planned between Trelleborg and Freudenberg. Nilsson will become the company's Chairman. Completion of the transaction is subject to the approval of the relevant competition authorities. Information about the planned joint venture was released on 1 February 2012. "We are preparing for the joint venture of antivibration solutions for light and heavy vehicles by concentrating Trelleborg Automotive into a business entirely focused on solutions for antivibration,” said Nilsson. "Those operations that will be integrated into other parts of the group will have a better foundation for continued development and growth. We are also strengthening Trelleborg Engineered Systems with a more efficient organisation, with shorter decision-making and even more active portfolio management as they will be focused on prioritised areas,” concluded Nilsson.

www.gupta-verlag.de/thermoplastic-elastomers