Brazil: Trelleborg divests brake hose ops

Trelleborg has entered into an agreement with French company Flexitech to divest its automotive brake hose operations located in Brazil. The unit is part of the Trelleborg Automotive business area. The purchase consideration with regard to this business is around SEK 65m (US$9.64m). Trelleborg will retain assets primarily related to the Subscribe to Automotive World … Continued

• By Webmaster
• January 14, 2011