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The latest update is out from Trelleborg AB ( ($SE:TREL.B) ).
Trelleborg, through its Trelleborg Sealing Solutions business, has acquired Austrian firm Nexus Elastomer Molds GmbH, a specialist in advanced customized tooling solutions and automated manufacturing cells for liquid silicone rubber, adding around SEK 160 million in annual external sales. The deal, consolidated immediately, deepens Trelleborg’s capabilities in silicone tooling, manufacturing, and automation, supports faster product development and time-to-market, and strengthens both its Sealing Solutions and Medical Solutions units, reinforcing the group’s strategy of focusing on engineered solutions and higher-value offerings for its global customer base.
The most recent analyst rating on ($SE:TREL.B) stock is a Buy with a SEK431.00 price target. To see the full list of analyst forecasts on Trelleborg AB stock, see the SE:TREL.B Stock Forecast page.
More about Trelleborg AB
Trelleborg Group is a world leader in engineered polymer solutions, leveraging deep materials and applications expertise to serve complex industrial, medical, and sealing applications. The Swedish group operates across roughly 40 countries through three business areas—Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions—and reported sales of about SEK 34 billion in 2024, with its shares listed on Nasdaq Stockholm’s Large Cap segment.
Average Trading Volume: 293,725
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK87.76B
See more data about TREL.B stock on TipRanks’ Stock Analysis page.