Trelleborg Group has, through its business area, Trelleborg Sealing Solutions, signed an agreement to acquire Masterseals, a Singapore-based company specializing in sealing solutions for the energy sector and industrial applications.
Masterseals is known for its engineered sealing solutions produced in small series for demanding operating environments. In addition to manufacturing, the company also operates as a technical service center focused on aftermarket support and short delivery times. In 2024, the company generated sales of just over SEK 40 million. Its office and manufacturing facility are located in western Singapore, in close proximity to Trelleborg's Customer Solution Center.
"Through the acquisition of Masterseals, we are significantly strengthening our position in Southeast Asia while also creating new opportunities in other parts of Asia and the Middle East, within industries expected to experience solid growth in the coming years. The high degree of customized and engineered solutions offered by Masterseals aligns perfectly with our offering," says Jürgen Bosch, President of Trelleborg Sealing Solutions.
The transaction is expected to be completed during the third quarter of 2025.
Contacts
Media: Vice President Communications Tobias Rydergren, +46 (0)410 67015, +46 (0)733 747015, tobias.rydergren@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com
About Us
Trelleborg leverages in-depth materials and applications expertise with early market insights, making the Group a world leader in engineered polymer solutions. We offer a unique portfolio covering a broad range of applications - even the most complex ones. In 2024, Trelleborg Group reported annual sales of approximately SEK 34 billion, with operations in around 40 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Medical Solutions, and Trelleborg Sealing Solutions. The Trelleborg share has been listed on the Stock Exchange since 1964 and is traded on Nasdaq Stockholm, Large Cap. www.trelleborg.com
