The Rumelca Group, a leader in conveyor components (rollers, idlers, structure, motorised pulleys and pulleys), is expanding its global presence in the conveyor pulley business.
Rulmeca’s South African subsidiary, Melco Conveyor Equipment, has acquired CPM (Conveyor Pulley Manufacturers) located in Johannesburg.
“Our aim is to always be moving ahead and improving our product offering and service. Our priority remains with planned investments for the pulley business, and we welcome this wonderful opportunity,” says Carsten Spanggaard, managing director and chairman of Melco).
Danie O’Connell, Melco’s managing director, says: “It is significant for Melco to make this agreement with CPM’s owners and we are ready to invest in this business to improve further capacity and service to our customers.
“The product range of CPM’s quality is already excellent. We shall invest in people, machinery and space to further build on existing strengths and ensure that the pulley range fits in well with our range of rollers, idlers and structure which are well integrated into the market.”
Doug Fenner and Othmar Hiebb, founders and owners of CPM will remain with the business.
“This is for sure the right move for CPM as a company and for our Management and staff,” they say.
“oining a larger group will give the stability and investments the business deserves and requires, and we are excited to stay and play our part in the integration ensuring the growth of the business together with the Melco team.”