Martin Engineering has acquired ConveyorTech (CVT), an Australian-based engineering and manufacturing company specializing in industrial conveyor belt components. Martin says the move will expand its global portfolio, marking one of its most significant product expansions in the past decade.
This deal gives Martin access to CVT’s full line of non-urethane belt cleaners, tungsten tipped blades and other heavy duty components used in bulk material handling. The acquisition includes all of CVT’s IP, designs and specifications.
Bert Erdmann, Martin’s global engineering director for transmission products, called the CVT a good fit for the company. “Now more than ever, whatever the industry, whatever the application and whatever the handling challenge, Martin has a solution to help customers reduce load, reduce maintenance and improve safety,” Erdmann said.
According to Martin, the deal gives it the largest portfolio of conveyor belt cleaners of any global supplier. To this end, the company announced that Rory Summerford, a veteran transportation systems specialist, will join Martin to oversee the integration of new products. “The CVT product portfolio offers proven designs and rugged construction that align closely with Martin’s long-standing commitment to safety, efficiency and operational excellence,” Summerford said. “It puts the premium Martin brand behind a range of products that the company has never marketed before, allowing us to offer parts and replacement parts for existing facilities. I am thrilled to lead this product line as we integrate it into the Martin portfolio and deliver greater value to our customers,” he concluded.
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