Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.