Trelleborg acquires automotive boots market leader in India
Trelleborg Group has, through its business area Trelleborg Industrial Solutions, signed an agreement to acquire an operation specialising in automotive boots for the fast-growing Indian light vehicles market. The operation is part of the India-based privately owned company Injectoplast. The acquisition means that Trelleborg further strengthens its globally leading market position in automotive boots.
The company has its head office and manufacturing in Kanpur, in the north of India, close to a light vehicle manufacturing cluster, and has annual sales of approximately SEK 70 M.
Automotive boots comprise a dynamic sealing system, manufactured from thermoplastic elastomers, which seal vehicle drive shafts and prevent the ingress of contaminants such as salt, water, or dust particles. Boots are found in all passenger cars, including hybrid and electric cars.
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