# Trelleborg assumes full ownership of Max Seal joint venture

On Feb. 5, 2019, Trelleborg, through its Trelleborg Industrial Solutions business area, assumed full ownership of the joint venture with Max Seal, acquiring the remaining 49% of shares. The facility in Tijuana, Mexico produces watertight seals.

- Type: Acquisition
- Announced: 2019-02-05
- Where: Tijuana, Mexico, Mexico
- Jobs: 130
- Status: completed
- Products: watertight seals for pipe systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Trelleborg](https://endata.com/companies/1933.md) (acquirer)
- [Max Seal](https://endata.com/companies/37369.md) (target)

## Sources

- [wwdmag.com](https://www.wwdmag.com/utility-management/news/10937584/american-water-business-news-round-up-feb-15), 2019-02-15: "On Feb. 5, 2019, Trelleborg, through its Trelleborg Industrial Solutions business area, assumed full ownership of the joint venture with Max Seal."
- [mexico-now.com](https://mexico-now.com/swedish-manufacturer-trelleborg-assumes-full-ownership-of-tijuana-joint-venture/), 2019-03-21: "This marks the start of an exciting new chapter for the business as we seek to continue our growth and development."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.