M&A Deal Summary

Midwest Industrial Rubber Acquires Conveyor Belting Supply

On February 26, 2018, Midwest Industrial Rubber acquired machinery company Conveyor Belting Supply

Acquisition Highlights
  • This is Midwest Industrial Rubber’s 1st transaction in the Machinery sector.
  • This is Midwest Industrial Rubber’s 1st transaction in the United States.
  • This is Midwest Industrial Rubber’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2018-02-26
Target Conveyor Belting Supply
Sector Machinery
Buyer(s) Midwest Industrial Rubber
Deal Type Add-on Acquisition

Target

Conveyor Belting Supply

Maple Grove, Minnesota, United States
Conveyor Belting Supply Co. is a provider of premium conveyor belts and conveyor belt services to companies all over the world. Key services include belt installation, belt splicing and belt repair.

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Buyer(S) 1

Buyer

Midwest Industrial Rubber

St. Louis, Missouri, United States
Category Company
Founded 1980
Sector Machinery
DESCRIPTION

Midwest Industrial Rubber is a provider of industrial maintenance, repair, and operations products, specializing in the fabrication and distribution of lightweight conveyor belting and related conveyor components and accessories. MIR is the largest independent lightweight belting fabricator/distributor in the U.S. and holds a sustainable, differentiated position as the value and service leader in its marketplace. Midwest Industrial Rubber was founded in 1980 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 1 of 4
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Minnesota) 1 of 1
Country (United States) 1 of 4
Year (2018) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-08 New England Belting

Berlin, Connecticut, United States

New England Belting Co. is an independent provider of specialty belts including edge belts, wave solder belts, timing belts and vacuum belts. Based in Berlin, CT, NEBCO has been the trusted brand in the Northeast for belting supplies for over fifty years.

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