Rema Tip Top acquired assets and operations of the Canadian Almex Group.
With the deal, Rema Tip Top expands its portfolio in belt vulcanizing systems.
“The integration of Almex into the Rema Tip Top family marks a major milestone,” says Michael Übelacker, CEO of the Rema Tip Top Group. “Together, we combine technical excellence and innovation, top-class service standards and customer focus to drive global growth. Our customers will benefit from expanded capacities and our worldwide service network.”
According to Rema Tip Top, Almex will maintain its brand identity, global manufacturing network and teams. Almex was founded in Parry Sound, Ontario, in 1962.
Almex’s production facilities will remain in Canada, China and Spain. Operational companies in the U.S., the Netherlands, Australia, Indonesia, Chile and Peru will not be changed under Rema Tip Top.
