Trelleborg AB (OTCPK:TBABF)

$ 31.67 0 (0%) Market Cap: 7.70 Bil Enterprise Value: 8.18 Bil PE Ratio: 24.13 PB Ratio: 2.11 GF Score: 74/100

Trelleborg AB to Acquire Minnesota Rubber & Plastics (Quadion LLC) Call Transcript

Aug 02, 2022 / 01:00PM GMT

Release Date Price: $22.32

Transcript

Peter Nilsson;publ;President

Trelleborg AB;CEO & Director

()- -

Thank you, and welcome to all of you for listening into this call, where we're going to give some flavor and talk a little bit more of the acquisition we have signed to acquire Minnesota Rubber & Plastics from KKR. I mean, in this presentation, we have a few slides supporting this call. And then at the end of the call, as always when we do this kind of presentations, we will open up for Q&A.

But there's slides on our web page, and I'm referring to them and going to Page 1, where we have the heading New Horizons for Trelleborg. As you are well aware, we have signed an agreement to sell the Trelleborg Wheel Systems to Yokohama, and that is kind of in the making of the closing. Expect that to be closed here by year-end. And this is then opening up new horizons, and that is why we feel this agreement to acquire Minnesota is moving us exactly in the right direction.

So turning to Page 2. I mean, this is a way to what we call accelerating our journey towards, let's say, a

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