Fenner acquires €1.25 m worth of Spliceline's assets

ERJ staff report (SS) London -- Fenner plc, through its wholly owned subsidiary, Enerka Apex Belting Pty Ltd has acquired Aus$2.1 million (€1.25 million) worth of Darwin, Australia-based Spliceline's operating assets and liabilities.

Spliceline, which is a privately owned service business, specialises in belt splicing, rubber lining works, mechanical servicing and belting sales.

“Spliceline represents a further strategic piece of the Australian service network that will enable our value added service model to offer an even greater selection of safe conveyor solutions to the growing resource market in Australia,” said Mark Abrahams, ceo of Fenner plc, in a 17 Dec statement.

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Press release from Fenner