Trelleborg shares in JV Vibracoustic transferred to Freudenberg
On 5 July 2016, the 50% shareholding held by Trelleborg, Sweden, in the joint venture Vibracoustic, Darmstadt, was transferred to the Freudenberg Group. The transaction had been approved by the relevant authorities. In the 2015 financial year, Vibracoustic generated sales of almost EUR2bn (US$2.2094bn) with some 9,400 employees.
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