Acquisitions in Louisiana in 2015

Trelleborg AB, through its Offshore & Construction business area, has agreed to acquire Maritime International, Inc., a privately owned U.S. marine fender systems designer and manufacturer based in Broussard, Louisiana. The bolt-on deal expands Trelleborg's production and engineering footprint in North America and strengthens its berthing, docking and mooring offering; the acquired business has annual sales of approximately SEK 200 million and the transaction was expected to close in Q4 2015.

Ward Leonard, a global industrial technology company based in Thomaston, Connecticut, has acquired Houma Armature Works, a Houma, Louisiana-based MRO specialist for motors and generators. The acquisition expands Ward Leonard’s service, remanufacturing and 24/7 field-service capabilities across energy, marine and government end markets and creates a combined organization with more than 250 employees.