STOCKHOLM, Sweden (June 30) — Trelleborg A.B. has acquired Mar-Con Group, a Finnish maker of polymer-based gaskets, grommets and other structural components for the electronics and telecom sectors.
Tampere, Finland-based Mar-Con Group, comprising Oy Mar-Con Polymers Ltd. and Gromedi Oy, generates annual sales of about $16.5 million, with 90 employees.
Financial details of the transaction were not disclosed.
Mar-Con will operate within Trelleborg´s engineered systems business.
"The acquisition of Mar-Con Group allows us to enter a new and growing business segment," said Lennart Johansson, president of Trelleborg Engineered Systems. "Mar-Con´s unique know-how in TPE manufacturing and its sales presence in the Finnish market are important to us."
Among Mar-Con´s areas of expertise include gaskets for electromagnetic compatibility, Trelleborg said.