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Rema Tip Top acquire key assets of Almex Group

Rema Tip Top have acquired significant assets and operations of the Canadian Almex Group, expanding their portfolio in the area of conveyor belt vulcanizing systems Rema Tip Top have acquired significant assets and operations of the Canadian Almex Group, expanding their portfolio in the area of conveyor belt vulcanizing systems

Acquisition strengthen company’s leading global position as provider of integrated conveying solutions 

REMA Tip Top have acquired significant assets and operations of the Canadian Almex Group. With the acquisition, the company expands its portfolio in the area of conveyor belt vulcanizing systems and strengthens its position as the world’s leading provider of integrated conveying solutions.

‘The integration of Almex into the Rema Tip Top family marks a major milestone. Together we combine technical excellence and innovation, top-class service standards, and customer focus to drive global growth. Our customers will benefit from expanded capacities and our worldwide service network,’ said Michael Übelacker, chief executive officer of the Rema Tip Top Group.

In the course of the acquisition, Almex will maintain their brand identity, global manufacturing network, and experienced teams. As one of the worldwide leading manufacturers of vulcanizing presses, Almex complement the Rema Tip Top Group with additional technological strength and decades of expertise in the field. This acquisition aims to utilize Almex’s expertise to expand Rema Tip Top’s product portfolio and to optimize efficiency in the supply chains.

Almex are one of the world’s leading manufacturers of vulcanizing presses Almex are one of the world’s leading manufacturers of vulcanizing presses

Customers can expect a seamless transition and an even faster service from the acquired Almex entities. In Mexico, Brazil, and Africa, Rema Tip Top and Almex Canada Ltd will serve as channel partners.

With the integration in the Rema Tip top Group, Almex are granted access to expanded research and development capabilities, international supply networks, as well as a larger global customer base. The expertise of both organizations will be combined to develop next- generation solutions for conveyor system operators worldwide. Joint teams have already commenced integration planning, focusing clearly on business continuity and long-term customer value.

Founded in Parry Sound, Canada, in 1962, the Almex Group is today recognized as a leading provider of conveyor belt vulcanization and splicing systems, with installations in more than 120 countries. The company’s production facilities will remain in Canada, China, and Spain. Operational companies in the Netherlands, the US, Australia, Indonesia, Chile, and Peru will also remain unchanged under Rema Tip Top. 

 
 

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