Trelleborg Engineered Systems, a business area within the Trelleborg Group, has signed an agreement to acquire operations related to the tunnel seals product area.
Trelleborg Trelleborg (trĕləbôr`yə), city (1990 pop. 22,850), Malmöhus co., extreme S Sweden, a port on the Baltic Sea. Manufactures include machinery, rubber, cement, and refined sugar. Engineered Systems, a business area within the Trelleborg Group, has signed an agreement to acquire operations related to the tunnel seals product area. The selling party is VIP Heinke Heinke (in full C.E. Heinke, submarine engineer and similar) was a diving gear making firm in London. It has now closed down.
A Prussian immigrant Gottlif Frederick Heinke founded the firm in London in 1819 as a coppersmiths. Ltd. in the U.K. The acquired assets will be fully integrated with Trelleborg Engineered Systems' existing global tunnel-seals operations, at which time they are expected to contribute 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. 25-30 M in additional annual sales.
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