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Trelleborg Group - second quarter 2016 – Results – 07.2016

Trelleborg AB, SE-Trelleborg: “The second quarter was particularly eventful. The acquisition of CGS, which was announced at the end of 2015, was finalized during the period and the operations have been consolidated into our financial statements as of June. The integration of CGS into our existing operations has begun and is progressing well. Following the acquisition, Trelleborg’s annual sales amount to approximately SEK 30 billion on a pro forma basis. Naturally, the integration of CGS is now at the top of our agenda and we have identified significant coordination gains that we plan to leverage moving forward. We have also conducted other interesting acquisitions recently. For example, during the quarter we finalized the acquisition of SSF, a U.S.-based manufacturer of high-precision silicone components in the high-growth life sciences market, providing us with a strong platform for continued development in this attractive segment,” says Peter Nilsson, President and CEO.  ... read more - baumaschinen-jobs.de - lmv-jobboerse - lmv-presse - Manfred Lorenzen, Soest
Trelleborg AB, SE-Trelleborg

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