Trelleborg acquires ČGS Holding

Trelleborg has signed an agreement to acquire ČGS Holding a.s. – a privately-owned company with leading positions in agricultural and specialty tires as well as engineered polymer solutions. The total cash consideration amounts to approximately SEK 10.9 billion on a cash and debt-free basis. ČGS is headquartered in the Czech Republic and generated sales of approximately SEK 5,525 billion in the rolling 12-months period ended 30 June, 2015, with a corresponding EBIT-margin of 16 percent.

Closing of the transaction is subject to approvals from relevant competition authorities and is expected to be completed in the first half of 2016. <more>

Top products

Spot ČGS