Trelleborg strengthens its position in the market for industrial tires bought by the Watts Tyre group
December 1, 2010
Watts is currently one of the major companies at the global level in the market for industrial tires. This acquisition strengthens Trelleborg leadership and will enable a further geographical expansion and presence in the after-sales service.
Maurizio Vischi, President of Trelleborg Wheel Systems said: "this acquisition is a step in our strategy to strengthen and increase our positioning in the market, generating new opportunities for future growth." "It also will increase the efficiency of production of our modern plant in Sri Lanka with substantial advantages for our customers."