MLT Group acquires TechnicGum
Published by Jessica Casey,
Global Mining Review,
The MLT Group, a manufacturer of splicing solutions for conveyor belts headquartered in Saint-Chamond, continues its growth by acquiring the Belgian company TechnicGum, a manufacturer of conveyor accessories and equipment.
Since the acquisition of MLT Minet Lacing Technology in 2017 by Frédéric Guillemet and Patrick Vericel, the MLT Group has enjoyed a double-digit growth, leading in 2018 to a redefinition of its strategic development axes. With the ambition of becoming the world reference in belt conveyor performance improvement, MLT must build a solid, agile and reactive organisation in order to ensure an ambitious and balanced growth.
The MLT Group has recently announced that it has acquired TechnicGum, thus continuing its growth dynamic defined over 2 years ago.
"Like MLT, TechnicGum focuses on innovation, quality, European manufacturing and international development, and is fully in line with the strategy we have defined for the MLT Group," said the Directors of the French Group.
The MLT Group is therefore expanding its product range. With a full range of conveyor accessories, custom solutions for spillage control improvements and a wide range of technical polyurethane parts, the acquisition of TechnicGum is a logical addition to the existing MLT Group range: flexible and mechanical splicing solutions for conveyor belts, manufacturing of technical belts and vulcanising presses. Therefore, it provides a global response to market players and users.
After the opening of a 3rd manufacturing plant in France, 3 openings of subsidiaries abroad in the last 3 years and a partnership agreement on North America at the beginning of 2021 with FLEXCO, the MLT Group, with the acquisition of this new business line, continues its growth ambitions and is more than ever a player in the change of the industrial world of its customers.
Read the article online at: https://www.globalminingreview.com/finance-business/29032021/mlt-group-acquires-technicgum/
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