Trelleborg acquires CGS

News Story
- 12 Nov 2015 ( #744 ) - Trelleborg, Sweden
1 min read
Trelleborg is a leading global supplier of industrial tyres.
Trelleborg is a leading global supplier of industrial tyres.
Trelleborg has signed an agreement to acquire CGS Holding a.s., a Czech supplier of agricultural, industrial and specialty tyres.

The acquisition is subject to approvals from relevant authorities and is expected to be completed in the first half of 2016.

Peter Nilsson, president and CEO of Trelleborg, sees the acquisition as "a significant and attractive add-on to our existing businesses".

"CGS, with its strong and favourably performing operations in agricultural and industrial tyres as well as engineered polymer solutions, will strengthen and complement Trelleborg's already leading positions in a number of existing areas."

With the acquisition of CGS and its subsidiary Mitas, Trelleborg is establishing itself as a global leader in agricultural tyres and reinforcing its position in the industrial market.

The deal is expected to double the revenues of Trelleborg Wheel Systems, broaden its geographical reach and add new positions in complementary tyre niches.

"CGS highly complements our manufacturing footprint with well-invested and competitive production facilities in Central and Eastern Europe, the US and Mexico," Nilsson adds. "The transaction adds to our capabilities, represents a strong strategic fit and is expected to generate significant synergies and cross-selling opportunities.

"The plan is to gradually integrate the acquired entities into Trelleborg's existing business areas," Nilsson explains.
Briefs
Briefs 26 Jun 2025 - 1 min read
Noblelift moves to acquire Canadian distributor
Noblelift moves to acquire Canadian distributor 26 Jun 2025 - Quebec, Canada - 1 min read
Bolzoni acquires specialist equipment manufacturer
Bolzoni acquires specialist equipment manufacturer 29 May 2025 - Piacenza, Italy - 1 min read
Previously about:
Trelleborg sells wheel business  News Story - 31 Mar 2022 - Stockholm, Sweden - 1 min read
Trelleborg mounts break record News Story - 10 Dec 2015 - Stockholm, Sweden - 1 min read
Yale customers happy with tyre choice News Story - 3 Sep 2015 - Cleveland, OH, United States - 1 min read
Do you have materials handling news? Submit your news here

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Inside The News
While innovation and new technology are evolving at what seems to be an ever-increasing pace, the need to capture the data (telemetry) from this tech, and the ability to utilise it (telematics) for efficiency and cost savings, is one area attracting more and more attention ... Continue reading

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Ningbo Ruyi Joint Stock Co., Ltd.
Manufacturer of forklifts, power stackers & pallet trucks.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com