ERJ staff report (LMH)
Hanover, Germany – ContiTech is expanding in North America, following the acquisition of conveyor belt manufacturer Legg Company Inc.
Headquartered in Halstead, Kansas, Legg owns modern production facilities and employs some 100 people, ContiTech said in a July news release. The company’s production focuses on conveyor belts for industrial applications, for example in cement plants, paper mills and the food processing industry, as well as special-purpose belts for agricultural machinery.
“This acquisition means that in the future we will have our own production facilities for agricultural and industrial belts in the US, as well as an established sales network in the US and Canada,” said Hans-Jürgen Duensing, head of the ContiTech Conveyor Belt group.
He added that the acquisition supports the company’s expansion in the NAFTA region, and supplements its production site in Mexico.
Closing of the transaction took place on 1 July. ContiTech did not disclose financial details of the acquisition.
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news release from ContiTech