Weinheim, October 3, 2016. The Freudenberg Group has sold the business of Schwab Vibration Control to Trelleborg AB, Trelleborg, Sweden effective October 1. In this context, Schwab Vibration Control has long-term prospects to continue to grow and expand globally.
Over the past decades, Schwab Vibration Control has established itself as a technology leader in the market for vibration control solutions for railway rolling stock as well as general industry. Schwab Vibration Control is headquartered and has its production site in Velten, Germany. It also has engineering and sales offices in Adliswil, Switzerland and Laudenbach, Germany. In 2015 Schwab Vibration Control generated sales of some € 60 million.
Following signing on August 9, 2016, the relevant authorities approved the takeover, paving the way for closing of the transaction on October 1 as planned.
Schwab Vibration Control offers a broad and complementary product portfolio to Trelleborg, mainly within anti-vibration for rail original equipment manufacturers and rail authorities, off-highway vehicles and dedicated industrial segments, primarily in Europe.
Trelleborg´s application expertise within anti-vibration will be further enhanced as a result of the takeover, as Schwab offers world-class cutting-edge engineering and solutions. Furthermore, Schwab will strengthen the sales activities of Trelleborg in Europe. The combined product offering will also be extended in markets such as North America, China, South East Asia and India.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 30 billion in over 40 countries. The Group comprises the five business areas Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems as well as the operations of Rubena and Savatech. Trelleborg has been a stockmarket-listed company since 1964.