June 23, 2017 / 7:04 AM / 5 months ago

BRIEF-Trelleborg to buy Automated Dynamics

June 23 (Reuters) - Trelleborg Ab

* Acquires manufacturer of advanced composite components

* Signed an agreement to acquire U.S.-based privately-owned automated dynamics that specializes in manufacturing of advanced composite components

* Company is located in Niskayuna, New York. Sales amounted to approximately SEK 65 nillion in 2016

* This bolt-on acquisition is part of trelleborg’s strategy to strengthen its positions in attractive market segments

* Transaction is expected to be finalized in q3 of 2017 Source text for Eikon: Further company coverage: (Reporting By Terje Solsvik)

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