Trelleborg buys Brazilian printing blanket firm Printec

Global engineering company Trelleborg has bought blanket manufacturer Printec to extend its reach into the Latin American graphic arts sector.

Brazilian company Day Brazil SA’s printing blankets business Printec has a strong presence in Latin America and the US with annual sales of around £23.6m and 160 employees.

Trelleborg, which recently launched metal-back blanket Vulcan Metal Mytho, bought the company to strengthen its support for Latin American customers from the local production base.

Trelleborg president Dario Porta said that the acquisition of the Latin American business was part of a strategy to target developing markets for the graphic arts industry.

Porta said: "The acquisition of the established industry leader, Printec, supports Trelleborg’s long-standing strategy to strengthen our leading positions within attractive and profitable market segments."