MACHINERY

Yokohama buys Trelleborg Wheel Systems

Trelleborg Group has signed an agreement to divest its Trelleborg Wheel Systems business to Yokohama Rubber Company for 2100 million Euros.

Staff writer
 Trelleborg has sold its Wheel Systems business to Yokohama. Image courtesy Trelleborg.

Trelleborg has sold its Wheel Systems business to Yokohama. Image courtesy Trelleborg.

The deal is on a cash and debt free basis. Under Trelleborg's ownership, Trelleborg Wheel Systems has during the past few years more than doubled in size and substantially increased its profitability,...

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