Trelleborg refines polymer strategy, shares in focus after Huntsman deal

By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-27, 12:41.

Trelleborg (SE0000114837) continues to sharpen its focus on engineered polymer solutions after agreeing in early June to acquire Huntsman’s Italian automotive aftermarket business, including the AEC brand, for about 50 million US dollars according to Huntsman and Nasdaq Stockholm filings. Nasdaq Stockholm transaction notice The Swedish group’s B shares trade on Nasdaq Stockholm, positioning the stock among Nordic industrial peers such as SKF in investors’ sector comparisons.

What the Huntsman deal adds

On 5 June 2026 Huntsman announced the sale of its Italian automotive aftermarket business, which produces constant-velocity joint boots and related components, to Trelleborg Group for approximately 50 million US dollars, or 42.5 million euros, subject to customary adjustments. Investing.com coverage of the Huntsman sale The business generated around 66 million US dollars in revenue in 2023, implying a sales multiple modestly below 1 times that Trelleborg appears willing to pay for additional scale in automotive boots.

Trelleborg plans to integrate the acquired activities into its sealing solutions operations, expanding its presence in constant-velocity joint boots and related polymer parts for light vehicles, commercial vehicles and industrial applications, according to the transaction summary published via Nasdaq Stockholm. Nasdaq Stockholm transaction notice Management has framed the move as a bolt-on acquisition that strengthens the product offering to existing automotive customers and broadens the aftermarket footprint in Europe.

How consensus views the stock

Analyst consensus compiled by MarketScreener shows that most brokers rate Trelleborg shares as Buy or Outperform, with an average target price implying upside versus recent trading levels in Swedish krona terms. MarketScreener consensus overview for Trelleborg The company sits in the European capital goods and industrial components sector, where peers such as SKF and Alfa Laval also attract broad buy-side coverage.

In its latest quarterly update in April 2026, Trelleborg reported continued solid demand in aerospace and oil and gas while noting more mixed conditions in general engineering and light vehicles, according to the company’s investor presentation on its website. Trelleborg investor presentation material The Huntsman acquisition fits this pattern of focusing capital on segments where advanced polymer technology and application know-how can sustain attractive margins over the cycle.

How the company makes its money

Trelleborg’s core business centers on engineered polymer solutions, with a strong presence in sealing systems, vibration damping components and specialty hoses for industrial, automotive, aerospace and offshore applications as detailed in its latest annual report. Trelleborg annual report Products such as hydraulic seals, O-rings and constant-velocity joint boots are designed to perform in demanding environments, allowing the group to command premium pricing in niches where reliability and longevity are critical.

Where the shares trade today

The Trelleborg B shares (SE0000114837) last traded on Nasdaq Stockholm at around 431 Swedish kronor on 2026-06-26, 17:30, according to exchange data, after a period of relatively steady performance in the European industrials sector.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Investors should conduct their own research or consult a professional advisor before making investment decisions.