# Melco Conveyor Equipment acquires CPM in Johannesburg

Rulmeca's South African subsidiary Melco Conveyor Equipment has acquired CPM (Conveyor Pulley Manufacturers) in Johannesburg, effective 1 August 2017. The deal expands Rulmeca's presence in the conveyor pulley business for bulk materials handling.

- Type: Acquisition
- Announced: 2017-07-31
- Where: Johannesburg, South Africa
- Status: completed
- Products: conveyor pulleys, conveyor components
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [CPM Holdings](https://endata.com/companies/2289.md) (target)
- [Melco Conveyor Equipment](https://endata.com/companies/25932.md) (acquirer)
- [Rulmeca Group](https://endata.com/companies/25933.md) (partner)

## Sources

- [rulmeca.blog](https://www.rulmeca.blog/corporate-news/melco-has-acquired-cpm/), 2017-07-31: "Our aim is to always be moving ahead and improving our product offering and service."
- [aggbusiness.com](https://www.aggbusiness.com/rulmeca-group-subsidiary-acquires-cpm/), 2017-08-01: "Rulmeca’s South African subsidiary, Melco Conveyor Equipment, has acquired CPM (Conveyor Pulley Manufacturers) located in Johannesburg."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.