SOFIA (Bulgaria), April 2 (SeeNews) – Swedish engineering group Trelleborg said on Thursday it has utilized an option from 2011 to acquire the outstanding 50% of the shares in Trelleborg Sealing Solutions Silcotech Bulgaria, with a production unit in Pernik.
"The transaction is part of Trelleborg’s strategy to strengthen its positions in attractive market segments," Trelleborg said in a statement.
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The main focus of Trelleborg Sealing Solutions Silcotech Bulgaria is the production of precision molded seals in liquid silicone rubber (LSR) for various industries including baby care and food processing.
Trelleborg offers engineered polymer solutions that seal, damp and protect critical applications in demanding environments.