Partnership helps expand piping company's presence in U.S. market
Through a signed agreement, Trelleborg Pipe Seals will acquire a 51-percent stake in Max Seal.
Feb. 26, 2014 -- Through a signed agreement, Trelleborg Pipe Seals, a global engineering group focused on polymer technology, will acquire a 51-percent stake in Max Seal, a North American developer and manufacturer of polymer-based sealing systems for various types of pipes deployed in water and wastewater systems.
The acquisition will create a position in North America, while complementing Trelleborg's existing range and presence in the U.S. It will also provide access to the rapidly-growing markets in Latin America. Jointly, Trelleborg and Max Seal will provide a portfolio of products that combine Trelleborg's smaller-sized offering with Max Seal's larger-pipe diameters.
Trelleborg, also known under the Forsheda brand, holds a large position on the European market and supplies integrated and non-integrated sealing solutions for plastic pipes. Max Seal, a relatively young company but with experience in the plastic pipe industry, builds on its position in the U.S. and Mexican markets for PVC pipes seals.
The Trelleborg pipe seals operation is part of Trelleborg Industrial Solutions business areas that focuses on providing critical polymer-based solutions in such industrial areas asfluidhandling solutions,industrial antivibration solutions and selected industrial sealing systems. The business area aims to accelerate its customers’ businesses by providing complete product and solution packages, supplied globally and supported locally. For more information, visit www.trelleborg.com.
About Max Seal
Max Seal is the result of over 20 years of experience in belling PVC pipes with Rieber type integrated gaskets, design and application of rubber gaskets, products and other sealing systems. Max Seal proudly distributes Trelleborg pipe seals in the Americas. Trelleborg and MaxSeal have subscribed a research and product development partnership which adds to our knowledge base and product development capabilities. For more information, visit www.max-seal.com.