Trelleborg acquires MNE Group, South Korean precision seals manufacturer

Trelleborg, through Trelleborg Sealing Solutions, signed an agreement to acquire MNE Group (Materials Nano Engineering and Materials Nano Solution), a South Korean manufacturer of high-performance specialty seals for semiconductor production equipment. The purchase price is approximately SEK 650 million on a cash and debt-free basis.

“Through MNE Group, we gain established customer contacts with some of the world's largest semiconductor manufacturers in the largest local market for semiconductors globally.”view.news.eu.nasdaq.com

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• view.news.eu.nasdaq.comTrelleborg acquires leading South Korean manufacturer of precision seals for semiconductor production equipmentDec 20, 2023

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