Trelleborg: £35 million in Mitas synergies

In an interview published by the Trelleborg Group today, company president and chief executive officer Peter Nilsson has shared that, according to Trelleborg’s own assessment, its acquisition of Mitas parent company the CGS Holding will result in synergies of around SEK 400 million (£34.8 million) up to 2020. “These are mainly cost synergies, but also a great deal of sales synergies,” he added. “The estimate could be conservative and is based on how the market looks today. If there is a rise in demand, then sales synergies, above all, will increase.”

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