Regulatory News:
As announced in February 1, 2012, Trelleborg (STO:TRELB) and Freudenberg signed final agreements to form a joint venture in antivibration solutions for light and heavy vehicles. The joint venture will comprise of Trelleborg Automotive and Freudenberg's operation in antivibration solutions, Vibracoustic. The completion of the transaction is subject to certain conditions, including the approval of the relevant competition authorities. The process has progressed according to plan and on May 14, 2012, the European Commission approved the proposed transaction between Trelleborg and Freudenberg.
With this approval, Trelleborg and Freudenberg are able to start the last phase of preparations to bringing the joint venture to fruition. A formal closing of the transaction is estimated to take place in the beginning of the third quarter, 2012. Until the closing the parties will continue to run their respective business in the normal course of business and independently from each other. More information about the joint venture will follow once the closing of the transaction takes place.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales 2011 of just over SEK 29 billion, with about 21,000 employees in over 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the NASDAQ OMX Nordic List, Large Cap. www.trelleborg.com
This is information of the type that Trelleborg AB (publ) is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on May 15, 2012, at 09:00 a.m.
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Contacts:
Media:
Vice President Media Relations Karin Larsson
46
(0)410 67094, 46 (0)733 747015
karin.larsson@trelleborg.com
or
Investors/analysts:
Vice
President IR Christofer Sjögren
46 (0)410 67068, 46 (0)708 665140
christofer.sjogren@trelleborg.com
