STOCKHOLM, Sweden (March 1, 2012)—Trelleborg A.B. has completed the sale of its French light vehicle component unit to Munich, Germany-based Bavaria Industriekapital A.G.
The business is located primarily in France, where it has three plants, and was part of the Trelleborg Automotive division.
The operation, which also operates a factory in the Czech Republic and has an advanced technical center, makes rubber, plastic and foam components and systems along with gaskets, molded hoses and other items. It employs 570 and has annual sales of about $81 million.
Financial details weren't disclosed.