Trelleborg to acquire the automotive boots operation of Injectoplast.

Trelleborg, a global engineering group, agreed to acquire the automotive boots operation of Injectoplast, a key tier-1 system supplier to automotive industry. Financial terms were not disclosed. “We note a highly favorable sales trend for our automotive boots, and at the same time, we have had a relatively low presence and sales in the Indian market. As our business successes are based on proximity to our customers, this acquisition is strategically important and enables us to better support our global customers. The acquired operation produces high quality products in a state-of-the-art facility for the attractive Indian market,” Jean-Paul Mindermann, Trelleborg President of Industrial Solutions business.