TRELLEBORG, Sweden—Trelleborg Industrial Solutions is to acquire an India-based manufacturer of automotive boots with the aim of strengthening its presence in the country's fast-growing light vehicles market.
The to-be-acquired operation is part of Injectoplast, a privately owned company with head office and manufacturing capacity in Kanpur, India.
The unit, said Trelleborg, is a "market leader" close to a light vehicle manufacturing cluster in Kanpur, and has annual sales of $6.7 million.