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May River Capital, a private equity firm, acquired Cablevey Conveyors, a global manufacturer of tubular-drag conveyor systems based in Oskaloosa, Iowa.
“Cablevey’s focus on solving conveyance application challenges using our proprietary cable drag technology, and the resulting dramatic growth has positioned the company as an anchor asset to build a larger conveyance platform.”foodengineeringmag.com
Summarized from public sources; check the original articles before acting on it.