Trelleborg sells French light vehicle parts business

The Swedish spare parts supplier Trelleborg has announced that it has completed the sale of its light vehicle parts business in France.

Trelleborg's light-vehicle parts business, which is sold primarily for the light-vehicle market, produces high-tech rubber, plastics and foam parts, which is part of Trelleborg Automotive's business.

The buyer for the acquisition of this business is Bavaria Industriekapital AG, which is headquartered in Munich, Germany.

Trelleborg said that the sale of the business will not have a significant impact on the 2012 profit. In 2011, Trelleborg’s net sales were 29,106 million kronor (US$4.32 billion) and operating profit was 2,431 million kronor (3.6 billion US dollars).