Sweden's Trelleborg AB has acquired U.S.-based Laminating Coating Technologies Inc. (Lamcotec), as part of its strategy to strengthen its position in what it described as "attractive markets."
Lamcotec, headquartered in Monson, Mass., develops and manufactures polyurethane-coated and laminated fabrics primarily used in the aerospace industry and in the healthcare and medical industry.
The acquisition, made through Trelleborg Coated Systems, complements Trelleborg's offering in engineered polyurethane-coated fabrics.
Trelleborg has not disclosed the acquisition price but said in a July 3 statement that Lamcotec revenue stood at 185 million Swedish krona ($21.1 million) in 2017.
“Polyurethane-coated fabrics have development and expansion potential in several segments, niches and geographies. The company is well-managed, has extensive expertise in its field and has close and valuable customer relationships,” commented Dario Porta, president of the Trelleborg Coated Systems business area.
In February, Trelleborg acquired Dartex Holdings Ltd., a privately-owned United Kingdom company specializing in coated fabrics.
Dartex is primarily focused on the healthcare and medical industry and has been described by Trelleborg as “a world leader” in coated fabrics for pressure injury prevention.
Headquartered in Long Eaton, England, Dartex has two production facilities; one in Long Eaton and another in North Smithfield, R.I.
