WAYNE, Ind. (June 5) — Trelleborg Sealing Solutions has acquired Hydro-Components Research & Development Corp. for an undisclosed amount.
The deal will boost Trelleborg Sealing Solutions´ base in the U.S. and help HCRD gain a bigger footprint globally, a Trelleborg official said.
HCRD primarily manufactures large diameter seals and bearings and has a work force of about 80 at its Streamwood, Ill., facility. It has annual sales of about $72 million.
"HCRD´s technology and products are at the leading edge of development in the company´s area of focus and will be an extremely valuable contribution to us," according to Claus Barsoe, the firm´s business area president.