COMMING SOON
LATEST NEWS
Trelleborg AB acquires automotive boots market leader in India

Trelleborg Group has,through its business area Trelleborg Industrial Solutions, signed an agreementto acquire an operation specializing in automotive boots for the fast-growingIndian light vehicles market. The operation is part of the India-basedprivately owned company Injectoplast. The acquisition means that Trelleborgfurther strengthens its globally leading market position in automotive boots.

The company has itshead office and manufacturing in Kanpur, in the north of India, close to alight vehicle

manufacturingcluster, and has annual sales of approximately SEK 70 M.

“We note a highlyfavorable sales trend for our automotive boots, and at the same time, we havehad a relatively low presence and sales in the Indian market. As our businesssuccesses are based on proximity to our customers, this acquisition isstrategically important and enables us to better support our global customers.

The acquiredoperation produces high quality products in a state-of-the-art facility for theattractive Indian market,” says Jean-Paul Mindermann, President of theTrelleborg Industrial Solutions business area.

Automotive bootscomprise a dynamic sealing system, manufactured from thermoplastic elastomers,which

seal vehicle driveshafts and prevent the ingress of contaminants such as salt, water, or dustparticles.

Boots are found inall passenger cars, including hybrid and electric cars.

AboutUs

Trelleborgis a world leader in engineered polymer solutions that seal, dampand protect critical applications in demanding environments. Its innovativesolutions accelerate performance for customers in a sustainable way.

The TrelleborgGroup's continuing operations had annual sales of about SEK 30 billion in 2022and operations in about 40 countries. The Group comprises three business areas:Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and TrelleborgWheel Systems. The Trelleborg share has been listed on the Stock Exchange since1964 and is listed on Nasdaq Stockholm, Large Cap.

www.trelleborg.com


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
*****
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
*****
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the   READ MORE...