Trelleborg AB

Trelleborg AB is a multi-national engineering company headquartered in Trelleborg, Sweden. Trelleborg focuses on the designing and manufacturing of polymer technology, their main products include seals, hoses and antivibration solutions. According to the Financial Times, the company currently employs 15.65k people and has earned 34.17 billion SEK in revenue. The company became public in 1964 and currently trades on Nasdaq Stockholm.

History

The company was founded by Henry Dunker and Johan Kock as "Trelleborgs Gummifabriks AB" (the Rubber Factory Corporation of Trelleborg). The company had 150 employees and produced bicycle tires and rubber for industrial applications. During World War I, the Swedish Armed Forces placed substantial orders.

By the mid-1930s, the number of employees had reached 1,000. Beginning in the 1950s, Trelleborgs Gummifabriks AB was floated at the Stockholm Stock Exchange. Its current name was adopted in 1977.

Between 1983 and 1991, the company's scope broadened to the areas of mining and metals. In 1999, the scope was narrowed due to specialisation into industrial applications. In 2003, Trelleborg AB began manufacturing polymer-based precision seals.

In 2009, the European Commission fined several marine hose producers, including Trelleborg AB, "...for participating in a cartel for marine hoses between 1986 and 2007 in violation of the ban on cartels and restrictive business practices in the EC Treaty (Article 81) and the EEA Agreement (Article 53)."

In mid-2012, Trelleborg and Freudenberg formed a 50–50 joint venture in anti-vibration applications for light and heavy vehicles, called TrelleborgVibracoustic. Trelleborg ended this and divested its shares in this venture to Freudenberg in 2016.

In 2022, Trelleborg acquired the Lindau-based aerospace interiors company, MG Silikon GmbH, an entity within Saint-Gobain Group, and the US-based company Minnesota Rubber & Plastics from the private equity firm KKR for US$950million.

In 2025, Trelleborg AB announced that they would be acquiring Aero-Plastics Inc.

Operations

Trelleborg AB is divided into the following business areas:

* Trelleborg Industrial Solutions (hose systems, industrial anti-vibration solutions and selected industrial sealing systems)
* Trelleborg Sealing Solutions (precision seals for industry, aviation, and vehicles) – Founded in 1952, Trelleborg Sealing Solutions was previously a part of the Smiths Group's precision seals business. This business, Polymer Sealing Solutions, consisted of four rubber units. These were Busak+Shamban, Dowty Automotive, Shamban and Forsheda. In 2003, Polymer Sealing Solutions was acquired by Trelleborg AB. The name Busak+Shamban remained with all marketing locations, but the manufacturing locations became known as Trelleborg Sealing Solutions. As of April 2, 2007, the Busak+Shamban name was retired, with all locations being brought under the Trelleborg Sealing Solutions umbrella.
* Trelleborg Medical Solutions – A global supplier of polymer-based integrated solutions for medical devices and biopharma

Market

In 2018, Trelleborg AB was the third-largest player in the world market for non-tire rubber products according to Rubber & Plastics News.

The net sales for 2022 had the following geographical distribution:

Ownership

The 10 largest shareholders of Trelleborg AB, as of December 31, 2023:

Governance

Since April 27, 2023, Johan Malmquist has been Chairman of Trelleborg AB. The following table lists the chairmen in chronological order since the company was founded.

Since October 1, 2005, Peter Nilsson has been president and CEO of Trelleborg AB. The following table lists the presidents and CEOs in chronological order since the company was founded.

References

{{DEFAULTSORT:Trelleborg Ab
Automotive companies of Sweden
Defence companies of Sweden
Manufacturing companies of Sweden
Engineering companies of Sweden
Chemical companies established in 1905
Companies listed on Nasdaq Stockholm
Multinational companies headquartered in Sweden
Tire manufacturers of Sweden
Swedish brands
Swedish companies established in 1905
Manufacturing companies established in 1905
Companies based in Skåne County
Trelleborg