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Trelleborg: Trelleborg acquires business enabling further expansion in offshore oil and gas in Brazil
Through its Trelleborg Engineered Systems business area, Trelleborg has signed an agreement to acquire a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies Inc. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction industry in Brazil.
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Source: The Swedish Wire
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