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Acquisition strengthens Trelleborg’s position in the US seals market

The Trelleborg Group, through its Trelleborg Sealing Solutions business area, has signed an agreement to acquire the US company CRC Distribution. The company is a specialist distributor in polymer sealing solutions and related value-added services in hydraulics, hydropower, oil and gas, as well as for pumps and compressors.

CRC Distribution is based in Robertsdale, Alabama, in the US. Its business is focused primarily on the domestic market but has recently expanded into the Mexican market as well. The company has steadily built up a strong sales organization and offers an advanced e-commerce solution for seals. CRC Distribution generates annual external sales of just over SEK 170 M.

“As an authorized distributor of Trelleborg’s seals, CRC has demonstrated deep knowledge of sealing applications and outstanding customer service. The acquisition will strengthen Trelleborg’s customer offering, particularly toward mid-sized manufacturing companies and businesses focused on maintenance, repair, and operation of industrial equipment,” says Jürgen Bosch, President of the Trelleborg Sealing Solutions business area.

The transaction is expected to be finalized in the first quarter of 2025.

Contacts
Media: Vice President Communications Tobias Rydergren, +46 (0)410 67015, +46 (0)733 747015, tobias.rydergren@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com

About Us
Trelleborg is a world leader in engineered polymer solutions that protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. In 2023, The Trelleborg Group had annual sales of approximately SEK 34 billion in around 40 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Medical Solutions. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com 

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Acquisition strengthens Trelleborg’s position in the US seals market

Datum 2024-10-21, kl 16:30
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Acquisition strengthens Trelleborg’s position in the US seals market
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