Aug 2, 2022ACQUISITIONUnited States Trelleborg to acquire Minnesota Rubber and Plastics from KKR for $1 billion
Swedish engineering firm Trelleborg AB agreed to acquire Minnesota Rubber and Plastics from private equity firm KKR for about $1 billion in cash. The deal is expected to close before the end of 2022.
Productspolymer and thermoplastic componentsprecision seals
“The deal, which was first reported by Reuters, is expected to expand Trelleborg's polymer and plastics business in North America when it closes before the end of this year.”reuters.com
- 4 sources
- reuters.comTrelleborg to buy KKR's Minnesota Rubber and Plastics in $1 bln dealChibuike OguhAug 2, 2022
- news.cision.comTrelleborg to acquire Minnesota Rubber & Plastics - TRELLEBORGAug 2, 2022
- bloomberg.comTrelleborg Buys Minnesota Rubber & Plastics for $950 Million - BloombergJonas EkblomAug 2, 2022
- news.bloomberglaw.comTrelleborg Buys Minnesota Rubber & Plastics for $950 Million (2)Christian WienbergAug 2, 2022
Summarized from public sources; check the original articles before acting on it.
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