# AMMEGA completes acquisition of Midwest Industrial Rubber

AMMEGA, the holding company of Ammeraal Beltech Megadyne, has completed the acquisition of Midwest Industrial Rubber (MIR), a US fabricator and distributor of lightweight belts. MIR will remain an independent entity within the AMMEGA group.

- Type: Acquisition
- Announced: 2020-02-04
- Where: United States
- Status: completed
- Products: lightweight conveyor and power transmission belting
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Partners Group](https://endata.com/companies/3553.md) (investor)
- [Ammega](https://endata.com/companies/36262.md) (acquirer)
- [Midwest Industrial Rubber](https://endata.com/companies/45024.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2020-02/48768544-midwest-industrial-rubber-mir-joins-ammega-group-following-completion-of-acquisition-004.htm), 2020-02-04: "The strategic combination of MIR and the existing AMMEGA Americas organization allows us to better service clients benefitting from MIR's network, product expertise and strong reputation in the market."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/21114841/dutch-belting-company-ammega-acquires-midwest-industrial-rubber), 2020-02-07: "AMMEGA has completed the acquisition of Midwest Industrial Rubber."

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