Posted in | News | Plastics and Polymers | Business | Rubber and Elastomer | Adhesives and Sealants

Trelleborg Signs Agreement to Buy US-Based Lutz Sales

Editorial Checklist Reviewed
Dec 22 2010

Related Stories

Trelleborg (STO:TRELB), through its business area Trelleborg Sealing Solutions, has signed an agreement to acquire the US company Lutz Sales Inc., a privately owned distributor.

Lutz has yearly sales of approximately SEK 100 M and approximately 50 employees.

Lutz Sales has it’s headquarter and warehouse in the Chicago area. The company is a distributor of a broad range of precisions seals and customer specific rubber components into the North American market. The company has a broad and well established customer base and is primarily strong within the food and beverage and pharmaceutical industry.

“Lutz Sales has shown a solid development and is a well-managed company” says Claus Barsøe, President of the Business Area Trelleborg Sealing Solutions. “The acquisition strengthens Trelleborg Sealing Solutions’ presence in the North American market and broadens our product offering and our customer base in this region.”

The acquisition is expected to be completed during the fourth quarter of 2010.

Source:

http://www.trelleborg.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback