IFLR1000

Trelleborg €1.16 billion acquisition of ČGS Holding

1/6/2016
Public acquisition
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€ 1.16 billion

$ 1.235 billion

Completed

1/6/2016

Overview:

  • Swedish industrial company Trelleborg acquired Czech rubber conglomerate ČGS Holding for €1.16 billion.
  • The purchase included CGS subsidiaries Mitas, Rubena, and Savatech.
  • Mitas will be integrated into the Trelleborg Wheel Systems business group.

Kurt Stumpo - Journalist

Jurisdictions:

Sweden
Czech Republic

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firms:
Linklaters

Party: Trelleborg (Acquirer)

Lawyers: Deepak Sitlani, Elisabet Lundgren

White & Case

Party: ČGS Holding (Target)

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