Emerson buys belt maker
January 27, 2009
by Jeff Gelski
Emerson, St. Louis, has acquired 100% of the outstanding shares of System Plast S.p.A., Telgate, Italy, a producer of engineered modular belts and custom conveyor components used in the baking, bottled, food processing and packaging industries. System Plast projects 2008 revenue to be €77 million ($99.4 million). The transaction will allow Emerson to improve its ability to service food and beverage customers around the world, according to Emerson.
For more information, visit www.Emerson-EPT.com or www.EmersonIndustrialAutomation.com.
This article can also be found in the digital edition of Milling and Baking News, January 27, 2008, starting on Page 44. Click here to search that archive.