Ammeraal Beltech acquired its Australian distribution partner Rydell Industrial (Belting) for an undisclosed sum, the conveyor-belt maker said.
The deal adds eight Australian branches and 88 employees to Ammeraal Beltech. Ammeraal said for the time being the wholly owned subsidiary would business as Rydell Beltech.
Ammeraal Beltech sells belts in 150 countries and operates production plants in seven countries. The Netherlands-based company has 2,400 employees.
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