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Trelleborg Expands European Silicone Capabilities with Sico Acquisition

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Trelleborg Expands European Silicone Capabilities with Sico Acquisition

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Trelleborg AB ( ($SE:TREL.B) ) has shared an announcement.

Trelleborg Group has acquired Sico Gesellschaft für Siliconverarbeitung mbH and its Czech joint venture, Sico Silicone s.r.o., enhancing its silicone capabilities in Europe. This strategic acquisition aligns with Trelleborg’s goal to expand in attractive industries, offering a broader range of high-quality silicone solutions to customers in sectors such as food and beverage, healthcare, automotive, and construction.

More about Trelleborg AB

Trelleborg is a global leader in engineered polymer solutions, leveraging extensive materials and applications expertise to offer a wide range of solutions across various industries. With operations in around 40 countries, Trelleborg reported annual sales of approximately SEK 34 billion in 2024 and operates through three main business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. The company is listed on Nasdaq Stockholm, Large Cap.

Average Trading Volume: 441,317

Current Market Cap: SEK77.23B

See more insights into TREL.B stock on TipRanks’ Stock Analysis page.

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