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Trelleborg AB ( ($SE:TREL.B) ) has issued an update.
Trelleborg Group, through its Trelleborg Sealing Solutions division, has agreed to acquire Masterseals, a Singapore-based specialist in sealing solutions for the energy sector and industrial applications. This acquisition is set to enhance Trelleborg’s presence in Southeast Asia and open up opportunities in Asia and the Middle East, aligning with industries poised for growth. The transaction, expected to complete in the third quarter of 2025, will bolster Trelleborg’s offerings with Masterseals’ expertise in customized and engineered sealing solutions.
The most recent analyst rating on ($SE:TREL.B) stock is a Hold with a SEK360.00 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 is a global leader in engineered polymer solutions, leveraging materials and applications expertise to offer a diverse portfolio for complex applications. The company operates through three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions, with operations in around 40 countries and annual sales of approximately SEK 34 billion.
Average Trading Volume: 348,994
Current Market Cap: SEK81.53B
Learn more about TREL.B stock on TipRanks’ Stock Analysis page.