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Trelleborg Acquires CRP

Sweden's Trelleborg Group has acquired the Lancashire UK based CRP Group of companies for £70m. CRP, whose operations relate primarily to systems for the subsea sector of the oil and gas business, will slot into Trelleborg Engineered Systems within the Trelleborg Group. As a result of the acquisition, oil and gas related operations within Trelleborg are expected to increase to 8% of total Group sales.

MJ Information No: 21421

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