Trelleborg Wheel Systems announced it has signed an agreement and finalized the acquisition of Pneus ICM Inc – a specialized industrial tire service provider and distributor in Montreal, Canada.
Pneu ICM is the second largest industrial tire dealer in the Montreal area, and a main service provider for eastern Canada. With annual sales of approximately C$3.39 Million, this bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.