Stockholm-headquartered Trelleborg A.B.'s two business units have been growing steadily over the last two years, and the two acquired distributors will help create new avenues for greater growth, Trelleborg officials said. The bolt-on acquisitions are part of Trelleborg's strategy to strengthen the company's positions in attractive market segments, the company said.
Trelleborg Sealing Solutions' presence in the U.S., primarily in the Midwest, will be increased with the addition of Anderson Seal, according to Claus Barsoe, president of Trelleborg Sealing Solutions.
“Anderson Seal is a good fit to our culture and business model as they work very closely with their customers and are offering them several sophisticated services, like kitting and complex assembly,” he said
The acquired firm has an office and warehouse in New Berlin, Wis., according to Muroski. She said the company has a work force of between 20 and 25. All will remain with Trelleborg.
Anderson Seal recorded sales of more than $17 million in 2015.
Muroski said the acquired company's “culture and vision complements that of Trelleborg Sealing Solutions as well as supports its Total Value of Ownership approach and advanced delivery program. The company's expertise in complex assembly and best practices in kitting will continue to deliver the kind of value our customers have come to expect.”
Trelleborg's footprint in the Midwest will expand with the addition, she said, and “it gives us more exposure to other segments of the market.”
Anderson Seal specializes in the distribution and service of seals, gaskets and custom molded products for original equipment manufacturers in several industries, including automotive, hydraulic and medical/life sciences.
Trelleborg said the acquisition further expands the company's delivery and service capabilities for seals, gaskets and custom molded goods.
Anderson Seal President Jennifer Han-sen said that moving under the Trelleborg umbrella allows the distributor “to continue to provide exceptional services to our customers in the same manner as we have been doing over the last decade, but now with the advantage and backing of a global leader.”