TRELLEBORG, Sweden—Trelleborg A.B. continues to increase its footprint in North America with the acquisition of the Alpha Elastomers Division of Alpha Engineered Composites Inc., giving the global manufacturer of seal and damping products new applications in silicone and polymer-coated fabrics.
The deal between Trelleborg Industrial Solutions—one of three core business segments for the company, along with Trelleborg Sealing Solutions and Trelleborg Wheel Systems—and Alpha Engineered Composites was finalized Dec. 30.
Terms of the transaction were not disclosed.
"The acquisition is a good example of how the Trelleborg Industrial Solutions business area is climbing the value ladder to create better and larger business opportunities," said Jean-Paul Mindermann, president of Trelleborg Industrial Solutions.