Trelleborg Acquires Smiths Precision Seal Business

Friday, October 03, 2003
Trelleborg, based in Sweden, completed the acquisition of Smiths precision seal business on October 1, 2003. Regulatory authorities, including regulatory agencies of the European Union and the United States, granted the necessary approvals. Smiths precision seal business is comprised of several companies operating under the umbrella of Polymer Sealing Solutions group (PSS). PSS develops, manufactures and markets security-critical polymer-based precision seals and systems. PSS operates primarily within four market segments: industrial applications (Busak+Shamban), the automotive industry (Dowty Auto), the aerospace industry (Shamban) and pipe seals (Forsheda). PSS is among the three market leaders in Europe or the US in all four of these segments. PSS holds a leading position in the European industrial segment. PSS will be integrated as Trelleborg Sealing Solutions following this acquisition.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

Education/Training

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

Crowley Awards Scholarships to Four Mass. Maritime Students

Four students from Massachusetts Maritime Academy (MMA) have been awarded Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships.   Chosen based on their academic achievement,

Automated Skill Erosion

The increasing automation of vessels is causing some mariners to lose basic maritime skills.   Cruise ship Royal Majesty Grounding During dinner on June 10, 1995,

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0714 sec (14 req/sec)