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KKR to Divest Minnesota Rubber and Plastics to Trelleborg August 08 2022

2022 Lucintel Composites Market Insights, August 08, 2022

KKR, a leading global investment firm, apprised of the signing of an agreement to sell Minnesota Rubber and Plastics (“MRP”), a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group, a leader in engineered polymer solutions, in a transaction valued at approximately US$950 million. The MRP management team is expected to remain in place and continue to run the business under Trelleborg’s ownership. Becoming part of a larger organization, which is a global leader in polymer solutions, will unlock new benefits for MRP customers and professional growth opportunities for MRP employees.

For identifying growth opportunities in Long Fiber Thermoplastics Market: Trends, Opportunities and Competitive Analysis, please visit https://www.lucintel.com/long-fiber-thermoplastics-market.aspx