Trelleborg's stake in Vibracoustic transferred to Freudenberg  [ Sweden ] [ Germany ]

Trelleborg AB and the Freudenberg Group announced that the 50 percent shareholding held by Trelleborg in the joint venture Vibracoustic GmbH was transferred to Freudenberg. The total purchase price was approximately SEK 6.8 billion (EUR 795.4 million). Vibracoustic was founded in July 2012 as a 50:50 joint venture between Freudenberg and Trelleborg. In the 2015 financial year, Vibracoustic gene...
<Jul 05, 2016>