ContiTech boosts range

ContiTech's Transportbandsysteme division is expanding by buying the Moers facility from Metso Minerals. This factory makes the Flexowell and Pocketlift conveyor belts, which used in the extraction industries to transport loose bulk material up steep inclines.
February 8, 2012 Read time: 1 min
1527 ContiTech's Transportbandsysteme division is expanding by buying the Moers facility from 6934 Metso. This factory makes the Flexowell and Pocketlift conveyor belts, which used in the extraction industries to transport loose bulk material up steep inclines. The acquisition is a logical one and the ContiTech Conveyor Belt Group is making a strategic move.

Flexowell and Pocketlift conveyor belts will in future be offered by ContiTech and the deal is due for completion on May 1st 2010, although the size of the purchase has not been disclosed. "By doing this we are globally opening up additional markets for ContiTech and are developing our capacities for special conveyor belts", Hans-Jürgen Duensing said, head of the ContiTech Conveyor Belt Group business unit. "The purchase represents the acquisition of additional know-how and numerous special belt patents for ContiTech. This consolidates our market position."
Materials

For more information on companies in this article

Related Content

  • XCMG boosting capacity
    January 6, 2017
    Increased manufacturing capacity has been a key focus for XCMG in recent years, with the firm having committed to upgrading its production facilities. XCMG has invested heavily in new manufacturing capacity for its ranges of cranes and wheeled loaders and both the Heavy Machinery and Wheeled Loader divisions now have new factories. The heavy crane facility produces machines in the 90tonne category and above and all production moved to the new plant in 2012 as the old factory was too small. The new facility
    Read More
  • XCMG boosting capacity
    November 26, 2012
    Increased manufacturing capacity has been a key focus for XCMG in recent years, with the firm having committed to upgrading its production facilities. XCMG has invested heavily in new manufacturing capacity for its ranges of cranes and wheeled loaders and both the Heavy Machinery and Wheeled Loader divisions now have new factories. The heavy crane facility produces machines in the 90tonne category and above and all production moved to the new plant in 2012 as the old factory was too small. The new facility
    Read More
  • Advances in aggregate production machines
    October 27, 2016
    Aggregate production equipment continues to become more efficient and more productive as development continues – Mike Woof writes During 2016 all the major aggregate production equipment specialists have put a good deal of new machines on the market, highlighting their investment in research and development. These firms are also investing in developing their facilities, with new manufacturing capability coming on stream. Materials washing specialist CDE Global is now offering its modular M-Series wash
    Read More
  • Bell Equipment gains Finlay distribution rights in South Africa
    January 6, 2017
    South African OEM Bell Equipment has been granted distribution rights by Terex Finlay for its range of mobile crushing, screening and recycling equipment in South Africa. Completion of the agreement was carried out at bauma and the move expands the strategic alliances with global OEMs and grows the company's product range.
    Read More

Highlighted Content