MINNEAPOLIS – October 27, 2022
Over the last 77 years, Quadion, LLC., better known as Minnesota Rubber & Plastics (“MRP”), has grown to be an innovative global company. Our success has been built on the trust of customers in a partnership of working together to solve difficult elastomer and thermoplastic sealing and component challenges.
In August of this year, it was announced that Minnesota Rubber and Plastics signed an agreement to sell the organization to Trelleborg Group (“Trelleborg Sealing Solutions”). Effective today the sale is complete.
Becoming part of Trelleborg Sealing Solutions, a global leader in polymer solutions, unlocks new benefits for MRP customers. We will continue to fulfill our commitments to excellence and innovation for our customers, while expanding our global reach.
“This is a step change for Trelleborg Sealing Solutions. The business area will be as strong in North America as it’s already established position in Europe,” says Peter Nilsson, President and CEO of Trelleborg Group.
We look forward to continuing our customer partnerships and being a trusted industry leader.
About Minnesota Rubber and Plastics
Minnesota Rubber & Plastics (MRP) is a leader in material compound development and the manufacturing of custom elastomeric and thermoplastic components. For 77 years, the company has built a reputation for consultative design services and successful production of “the tough parts.” With facilities across North America, Europe, and Asia, MRP collaborates with customers to solve difficult sealing and component challenges across multiple markets. Capabilities include materials science and formulation, new product prototyping, operational excellence and supply chain consolidation. The Company’s new Innovation Center provides its customers with direct access to materials science expertise and a fully integrated design-build-prototype-test process that enhances innovation and greatly accelerates product development. The Company places emphasis on research and development and empowers its technicians to design, formulate, develop, and test a wide range of highly engineered materials and parts. For more information, please visit www.mnrubber.com.
About Trelleborg
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Our innovative engineered solutions accelerate performance for our customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 34 billion and operations in about 50 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.
www.trelleborg.com
Media Contacts:
Minnesota Rubber and Plastics
Karl Spilseth
Global Marketing
(952) 927-2161
kspilseth@mnrubber.com
Trelleborg
Karin Larsson
VP Communications
+46 (0)410 67015
karin.larsson@trelleborg.com