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Thursday, March 28, 2024

Trelleborg’s Acquisition of Business In offshore Oil and Gas

Maritime Activity Reports, Inc.

April 15, 2011

Trelleborg’s acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalized. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction industry in Brazil.

The operation will be integrated into Trelleborg Engineered Systems business area.

A press release on the agreement regarding the acquisition was published on March 14, 2011.

 

Source: Trelleborg

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