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Rema Tip Top takes over assets from the Almex Group and strengthens the global management position in conveyor technology

Rema Tip Top takes over assets from the Almex Group and strengthens the global management position in conveyor technology

Poing near Munich (ots) –

Rema Tip Top AG has taken over essential assets and business areas of the Canadian Almex Group. With the purchase, the company is expanding its portfolio of vulcanization systems for conveyor belts and consolidating its role as a worldwide leading provider of integrated solutions for conveyor technology.

“The inclusion of Almex in the Rema Tip Top family is an important milestone. Together we combine technical excellence and innovation, highest standards in service as well as customer orientation for global growth. Our customers will benefit from the extended capacities and our worldwide service,” says Michael Übelacker, CEO of Rema Tip Top AG.

In the course of the takeover, the brand identity, the global manufacturing network and the experienced teams from Almex remain. As one of the world’s leading manufacturers of vulcanization presses, Almex also brings technological strength and decades of experience into the group. The aim is to use these skills to expand Rema Tip Top’s product portfolio and make global supply chains more efficient. Customers benefit from a seamless transition and even faster service. In Mexico, Brazil and Africa, Rema Tip Top and Almex Canada Ltd. will act together as a sales partner in the future.

With integration into the Rema Tip Top company network, Almex has access to expanded research and development capacities as well as international supply chains and a larger, global customer base. The strengths of both companies are bundled in order to develop the latest generation solutions worldwide for operators of support systems. Common projects for integration have already started, with the focus clearly on business continuity and long -term customer benefit.

Almex was founded in Parry Sound in Canada in 1962 and is now represented in more than 120 countries as one of the leading providers for funding belt vulcanization and connection systems. Production at the locations in Canada, China and Spain remains. The companies in the Netherlands, the USA, Australia, Indonesia, Chile and Peru are continued unchanged by Rema Tip Top.

About Rema Tip Top

Rema Tip Top is a globally active system provider of services and products in funding and preparation technology as well as for tire repair. The company has a global service network and offers a wide range of rubber products, rubberings and coatings for industry as well as in the automotive sector. The company has built up a unique expertise in material development and industrial services in almost a hundred years and will be active in the Rema Conveying, Rema Surface Protection and Rema Motion business areas. At the end of the 2024 financial year, Rema Tip Top generated sales of more than 1.5 billion euros. The company employs around 10,000 people worldwide and has more than 200 subsidiaries.

More information about the company: www.rema-tiptop.de.

OTS original text press release with the exclusive in terms of content of the sender – www.ots.at | Eun

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