Brazil: Trelleborg completes exit from brake hose ops

Trelleborg has announced it has finalised the divestment of its light vehicle brake hose operations located in Brazil. The operations were part of the Trelleborg Automotive business area. The buyer is the French company Flexitech. The divested business had annual revenue of approximately SEK 140m (US$22.2m) and slightly more than 200 employees. Subscribe to Automotive World … Continued

• By Webmaster
• April 5, 2011