Posted August 5, 2014

 

TRELLEBORG, Sweden – Through its business area Trelleborg Coated Systems, Sweden-based Trelleborg said it has signed an agreement to acquire the assets and businesses of privately owned Uretek Archer LLC Group, comprising Uretek LLC and Archer Rubber Company LLC.

 

Based in New Haven, Conn., Uretek and Archer develop and manufacture urethane-coated fabrics and rubber-coated fabrics, respectively. Their products and solutions are used across multiple segments, such as aerospace, healthcare, outdoor recreation, government and defense.

 

“The acquired businesses have superior technical knowledge with focused R&D and product development, in addition to solid partnerships with customers,” said Dario Porta, president of the Trelleborg Coated Systems. “The acquisition complements our existing business in engineered fabrics and broadens our product range in North America.”

The businesses have manufacturing facilities in New Haven, Conn. and Milford, Mass., U.S. Total sales amounted to about $70 million in 2013.

 

Trelleborg offers engineered polymer solutions that seal, damp and protect critical applications in demanding environments.

Completion of the transaction is subject to the approval of the relevant authorities. The transaction is expected to be finalized in the third quarter of 2014.