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Article: United Kingdom: Trelleborg signs [pounds sterling]34m ( $72 mn)deal to buy Offset Printing Blanket.
- Article from:
- TendersInfo
- Article date:
- June 7, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kavita03
Trelleborg has completed its previously announced acquisition of MacDermid's Offset Printing Blanket business.The deal, worth SEK 400m ([pounds sterling]33.9m ( $ 68 mn), was signed on 2 June through Trelleborg's Engineered Systems business area.
Completion of the acquisition will help Trelleborg cement its strategy to lead the printing blankets market. In 2006, the company also bought printing blankets group Reeves Brothers. Lennart Johansson, business area president of Trelleborg Engineered Systems, said the deal "would result in significant benefits to both ...