FORT WAYNE, IN--(Marketwired - Nov 29, 2016) - Trelleborg, through its business area Trelleborg Sealing Solutions, a world leader in engineered polymers, finalizes its acquisition of the El Segundo, California-based Subsidiary of CoorsTek, Inc., a leading manufacturer of high-precision seals and bearings produced from high performance polymers and metals for aerospace applications.
Michel Prouff, Director of Global Marketing Aerospace, says: "We have come to understand the importance of implementing enhanced manufacturing and engineering infrastructures worldwide that mirror the complex needs of aerospace customers no matter where they reside. By continually expanding our international logistics capabilities, we can ensure advanced delivery and offer the best engineered products that leverage 60 years of global aerospace experience.
"This acquisition further equips Trelleborg Sealing Solution to maintain its leadership position in elastomer, polytetrafluoroethylene (PTFE)-based, and airframe seals. Additionally, it brings some interesting spring-energized sealing solutions to its growing portfolio."
Gregory Jones, Trelleborg Sealing Solutions General Manager, Aerospace Hub Americas (AHA), says: "We are excited because this acquisition provides our customers with an even wider product range that meet MS and SAE standards and further increases our U.S. market share. Additionally it is a testament to our dedication to aerospace customers that want to partner with their supplier, receive great service, high quality products and world-class engineering collaboration."
Trelleborg Sealing Solutions' shoulder-to-shoulder engineering has become well known for facilitating improvements in application and systems quality that influence nearly all major aircraft programs around the world.
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Information about Trelleborg Sealing Solutions and Trelleborg Group
Trelleborg Sealing Solutions is one of the world's leading developers, manufacturers and suppliers of precision seals. It supports its aerospace, industrial and automotive customers through over 20 production facilities and more than 40 marketing companies globally. Within its portfolio are some of the longest established sealing brands, including Busak+Shamban, Chase Walton, Dowty, Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a large number of proprietary products and materials such as Turcon ®, Zurcon ®, Orkot ®, Isolast ®, Stepseal ® and Wills Rings ® tss.trelleborg.com
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of SEK 30 billion (EUR 3.25 billion, USD 3.60 billion) in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems, and the operations of Rubena and Savatech. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com.