Trelleborg Wheel Systems sale likely to close in May

Trelleborg Group has moved its 2023 Capital Markets Day from 21 March to 23 May. We don’t normally report on such perfunctory announcements, but the reason for the above postponement is what makes this particular news of greater interest. According to an official statement published on 9 March, the reason is that “the divestment of group’s tyre operation” that is Trelleborg Wheel Systems (TWS) “is not yet finalized”.