Acquisition in the field of conveyor best systems

Megadyne SpA announced the acquisition of the Argentine company Bandas Industriales, active in the sale of conveyor belts systems and a long-time official distributor of Ammeraal Beltech in Argentina.
Megadyne has a very strong global presence, with 16 production plants, more than 50 sales branches and 2,300 associates around the globe. Ammeraal has an equally extensive footprint with direct presence in 30 different countries, over 30,000 customers and 2,700 employees. Megadyne and Ammeraal combined under the ownership of Partners Group and the Tadolini family, offer a broad range of solutions in the power transmission and conveyor belting industry worldwide. This additional strengthening of the distribution platform represents a considerable competitive advantage for Megadyne to consolidate its position in the Latin American market, along with the recent acquisition in Colombia and the expansion in Peru with a direct commercial office.