# Melco Conveyor Equipment acquires CPM in Johannesburg

Melco Conveyor Equipment, the South African subsidiary of Rulmeca Group, acquired CPM (Conveyor Pulley Manufacturers) in Johannesburg. All existing employees and founders will be retained.

- Type: Acquisition
- Announced: 2017-09-25
- Where: Johannesburg, South Africa
- Status: completed
- Products: conveyor pulleys
- 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

- [e-mj.com](https://www.e-mj.com/departments/suppliers-report/suppliers-report-september-2017/), 2017-09-25: "Melco's managing director said the company would retain 'all existing employees of CPM.'"

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