Trelleborg Acquires Manufacturing Unit In Lithuania.STOCKHOLM, Sweden -- Through its Engineered Systems business area, Trelleborg (STO:TRELB) has agreed to acquire the protective suit operations, UAB UAB Universitat Autònoma de Barcelona UAB University of Alabama at Birmingham UAB Union of Arab Banks UAB Uzdaroji Akcine Bendrove (Lithuanian: closed stock company UAB Unix AppleTalk Bridge UAB Unaccompanied Air Baggage UAB Until Advised By Trella, from Lithuanian company Svytis. The unit has annual sales of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 23 M and 60 employees at a production facility located in Taurage in southwestern Lithuania. Since 2003, Svytis has manufactured and sewn sewn v. A past participle of sew. sewn Verb a past participle of sew Adj. 1. protective suits for Trelleborg Protective Products. The company is privately held and was established in 1993. "We view this as an aggressive move that enables continued profitable growth within the field of protective products," says Lennart Johansson Lennart Johansson (born 5 November, 1929) was the president of UEFA, the Union of European Football Associations from 1990 until 2007. Born in Sweden, Johansson lives in Stockholm and was the president of local football club AIK's football section until he stepped down in , BA President Trelleborg Engineered Systems. "We have enjoyed truly fruitful fruit·ful adj. 1. a. Producing fruit. b. Conducive to productivity; causing to bear in abundance: fruitful soil. 2. cooperation with Svytis during the past few years, and have been impressed by its high quality and delivery precision. Protective products and other products for extreme environments require highly specific know-how. As a result of this acquisition, we are solidifying so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our competitiveness and move forward our positions for organic growth." The acquisition is expected to be completed on July 31, 2006. Trelleborg Protective Products, which is part of Business Area Trelleborg Engineered Systems, develops and markets protective products for extreme environments - including chemical protective suits under the Trellchem(R) brand and dry diving suits under the Viking brand. Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of approximately SEK 24 billion, with about 22,000 employees in 40 countries. Trelleborg consists of five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. since 1964. www.trelleborg.com This information was brought to you by Waymaker http://www.waymaker.net |
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