STOCKHOLM, Sweden—Trelleborg A.B.'s Industrial Solutions business has completed the acquisition of the Superlas Group, a manufacturer of industrial hose used in a range of industries.
Superlas has production facilities in Turkey and sales offices in Austria and the United Kingdom. Financial details were not disclosed.
Headquartered in Turkey, the acquired company is a manufacturer of medium/low pressure industrial hose and a large producer of mandrel-built hose, according to Mikael Fryklund, president of the Industrial Solutions business. It has a work force of about 600.
The purchase ties in with Trelleborg's strategy to strengthen its position in selected market segments, he said. Its production facilities are located in Gebze, Duzce and Tokat, Turkey. The Duzce plant is used for mixing.
Superlas has revenues of about $60.6 million in 2013 with its larges sales primarily in Europe, North America and Asia, a spokeswoman said.