Home >> Member News >> Trelleborg To Acquire Watts Tyre Group

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

Leave a Reply

Your email address will not be published. Required fields are marked *