EL SEGUNDO, Calif.—Trelleborg Sealing Solutions, a Trelleborg A.B. business, has finalized the acquisition of a subsidiary of Coors Tek Inc. to strengthen the company's presence in North America.
The subsidiary specializes in manufacturing of precision seals for the aerospace industry.
Located in El Segundo, the subsidiary had sales $12.4 million in 2015.
“The acquired operation is well-known in the industry for its technical solutions, good quality and on time delivery and I am delighted to welcome it to Trelleborg,” Claus Barsoe, president of Trelleborg Sealing Solutions, said when the acquisition was first announced in September.
He said “the aerospace market is an important growth market and the acquired operation's product range of various PTFE seals and other custom-made plastic components fits very well into our product portfolio and future strategy.”