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December 22, 2010 12:00 AM

Trelleborg to buy seals distributor Lutz

Utech Staff
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    Stockholm --Trelleborg Sealing Solutions is set to buy US-based Lutz Sales Inc., a privately owned distributor of seals.

    Lutz has yearly sales of about $14.6 million and about 50 employees.

    Lutz Sales has its headquarters and warehouse in the Chicago area.

    The company is a distributor of a broad range of precisions seals and customer specific rubber components into the North American market. Lutz has a well established customer base and is primarily strong within the food and beverage and pharmaceutical industries.

    The acquisition is expected to be completed during the fourth quarter of 2010.
    "

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