Trelleborg to sell its shares in TrelleborgVibracoustic to Freudenberg  [ Germany ]

Trelleborg AB announced that it has signed an agreement with its joint venture partner Freudenberg to sell its entire 50% share in TrelleborgVibracoustic to Freudenberg. TrelleborgVibracoustic was formed in July 2012 as a 50:50 joint venture between Freudenberg and Trelleborg. The transaction is expected to be completed in the second quarter of 2016 and would be effective as from January 1, 201...
<Apr 07, 2016>