Trelleborg Completes CGS Holding-Mitas Acquisition

Trelleborg, the engineered polymers group based in Sweden, has completed its acquisition of Mitas farm tire maker CGS Holding, giving the Trelleborg Wheel Systems ag and forestry tire and rims business two plants in the U.S.

Mitas opened its Charles City, Iowa, factory in 2012 with a $52 million investment, while production of agricultural tires commenced in late 2015 at Trelleborg’s Spartanburg, S.C., plant. At the time, Trelleborg said it would progressively complete installation of…

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