Jun 3, 2021

Trelleborg divests Norwegian offshore oil & gas operation

Trelleborg has signed an agreement to divest its oil & gas operation in Norway. In the financial statements the operation is recognized among Assets held for sale. It had annual sales of approximately SEK 310 M in 2020. The transaction does not have any material impact on the Group’s net profit. The buyer is the current management together with a local partner.

Source: Trelleborg

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