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Trelleborg acquires UK tunnel seals producer

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10:21 CEST+02:00
The Trelleborg Group has signed an agreement to acquire UK tunnel seals company VIP Heinke Ltd.

The move is aimed at strengthening Trelleborg Engineered Systems' position as a global supplier of tunnel seals, extending the company's current product range. Through Trelleborg Engineered Systems, the group will now be able to supply bored and immersed tunnel seals.

The deal is expected to generate an extra 25-30 million kronor in annual sales.

The Trelleborg Group has annual sales of approximately 23 billion kronor and employs over 22,000 people in 40 countries.

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