March 31 (Reuters) - Trelleborg AB, Hexpol
* Trelleborg sells compounding operation in the Czech Republic to Hexpol
* Says transaction is expected to result in a book capital gain of approximately SEK 450 m after tax.
* Says divested operation, which had annual external sales of approximately SEK 300 m in 2016 and profitability in line with level for Trelleborg, will be deconsolidated on march 31, 2017
* Hexpol says acquisition price is estimated to approximately 65 MEUR on a cash and debt free basis and has been funded by a combination of cash and existing bank facilities Source text for Eikon: Further company coverage: (Stockholm Newsroom)