Trelleborg acquires Anderson Seal
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Trelleborg has announced that through its business area Trelleborg Sealing Solutions has signed an agreement and finalised the acquisition of Anderson Seal LLC.
Linda Muroski, President of Marketing Americas, said:
“Anderson Seal’s dynamic company culture and vision complements that of Trelleborg Sealing Solutions, as well as supports its Total Value of Ownership (TVO) approach and advanced delivery programme. 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.”
This acquisition supports the growth strategy of Trelleborg Sealing Solutions and further expands the delivery and service of seals, gaskets and custom-molded products for Original Equipment Manufacturers (OEMs) in industries such as automotive, hydraulic, and medical/life sciences. The acquisition will significantly increase the presence for Trelleborg in the Midwestern United States and accelerate its advanced delivery services.
The acquired company has an office and warehouse in New Berlin, Wisconsin. With sales amounting to approximately US$17 million in 2015. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.
Jennifer Hansen, President of Anderson Seal, said:
“We are thrilled to be able 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.”
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/product-news/09092016/trelleborg-acquires-anderson-seal/
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