Consumables
Trelleborg And MacDermid Sign SEK 400 Million Acquisition Deal
Wednesday 04. June 2008 - Trelleborg, via its business area Trelleborg Engineered Systems, has completed the acquisition of MacDermid Offset Printing Blankets from the US group MacDermid Inc. The deal, worth around SEK 400 M, was signed on 2nd June 2008 and brings to the Trelleborg stable a major global manufacturer of printing blankets.
MacDermid Offset Printing Blankets has production sites in the US and France, employs around 400 people and had a turnover in 2007 of some SEK 540 million. The acquisition strengthens Trelleborgs position as a major blanket supplier to the commercial sheet-fed, packaging, web offset and newspaper markets.
“Bringing together two key players in blanket manufacture will result in significant benefits to both companies and to the end user,” says Lennart Johansson, Business Area President of Trelleborg Engineered Systems. “There are important synergies that will enable both companies to take advantage of the combined production facilities, distribution channels, market penetration and technical expertise.
“The graphic arts industry has become an increasingly important market for Trelleborg since it purchased Reeves in 2006 and took over the well established Vulcan brand. This latest acquisition strengthens significantly our product portfolio and geographical presence around the world, enabling us to work even more effectively with printers and OEM partners. The purchase makes Trelleborg the market leader in Europe and a strong second in the US, as well as providing a solid platform for continued growth in the future.”