# FORTNA Holdings acquires TGW U.S. Conveyors business

FORTNA Holdings, Inc. (MHS) has entered into a definitive agreement to purchase certain assets of TGW Systems, Inc.'s U.S. conveyor business unit, based in Norton Shores, Michigan. The transaction is expected to close in February 2021.

- Type: Acquisition
- Announced: 2021-01-11
- Where: Norton Shores, Michigan, United States
- Status: announced
- Products: conveyor systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [TGW Systems](https://endata.com/companies/18291.md) (target)
- [Fortna Group](https://endata.com/companies/34525.md) (acquirer)

## Sources

- [fortna-conveyor.com](https://fortna-conveyor.com/mhs-acquires/), 2021-01-11: "FORTNA Holdings, Inc. announced today that it has entered into a definitive agreement to purchase certain assets related to TGW Systems, Inc.'s U.S. conveyor business unit."

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