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Trelleborg To Acquire Watts Tyre Group

Fairlawn, OH – Trelleborg agreed to buy the Lydney, England-based Watts Tyre Group for about $32 million. Trelleborg says that the acquisition, which is expected to be finalized in the first quarter of 2011, will strengthen its position in the industrial tire market. “The acquisition is a further step in our strategy to continuously strengthen our positions in selected segments,” says Maurizio Vischi, president of Trelleborg Wheel Systems.     

Material Handling Equipment Distributors Association

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