Brief: Trelleborg Acquires South Korean Manufacturer Of Precision Seals For Semiconductor Production Equipment

Trelleborg AB

20/12/2023 07:03

Dec 20 (Reuters) - Trelleborg AB  TRELb.ST :
    * TRELLEBORG ACQUIRES LEADING SOUTH KOREAN MANUFACTURER OF
PRECISION SEALS FOR SEMICONDUCTOR PRODUCTION EQUIPMENT
    * HAS, THROUGH ITS BUSINESS AREA TRELLEBORG SEALING
SOLUTIONS,
SIGNED AN AGREEMENT TO ACQUIRE MNE GROUP
    * TRANSACTION IS EXPECTED TO BE COMPLETED IN Q1 OF 2024.
    * MNE GROUP IS EXPECTED TO GENERATE APPROXIMATELY SEK 300 M
IN
REVENUE IN 2023

Source text for Eikon:  ID:nMFN8wp7TM 
Further company coverage:  TRELb.ST 

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