Trelleborg’s acquisition of Lutz Sales Inc. finalized

Trelleborg’s acquisition of the US company Lutz Sales Inc. has been finalized. Lutz Sales is a privately owned distributor and has yearly sales of approximately SEK 100 M and approximately 50 employees.

The operation will be integrated into the Trelleborg Sealing Solutions business area. The acquisition strengthens Trelleborg Sealing Solutions’ presence in the North American market, broadens the product offering and the customer base in the region.

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. The company has a broad and well established customer base and is primarily strong within the food and beverage and pharmaceutical industry.

Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales during 2009 of approximately SEK 27 billion, with about 20,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems.

 

Source: Trelleborg