M&A Deal Summary

Midwest Industrial Rubber Acquires New England Belting Co.

On May 8, 2018, Midwest Industrial Rubber acquired machinery company New England Belting Co.

Acquisition Highlights
  • This is Midwest Industrial Rubber’s 2nd transaction in the Machinery sector.
  • This is Midwest Industrial Rubber’s 2nd transaction in the United States.
  • This is Midwest Industrial Rubber’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2018-05-08
Target New England Belting Co.
Sector Machinery
Buyer(s) Midwest Industrial Rubber
Deal Type Add-on Acquisition

Target

New England Belting Co.

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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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 2 of 4
Sector: Machinery M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 4
State: Connecticut M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-26 Conveyor Belting Supply Co.

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-11 Van Con

Detroit, Michigan, United States

Van Con, Inc. is a distributor of conveyor belting for the food, paper, industrial and automotive industries. Van Con, Inc. is based in Detroit, Michigan.

Buy -