Reel Power Industrial acquires Novatec's downstream extrusion line

Reel Power Industrial Inc. has acquired the downstream equipment products for extrusion lines from Novatec, Inc. The acquisition allows Reel Power to offer a turn-key downstream package and Novatec to focus on its core conveying, drying and moisture equipment.

“This acquisition allows Reel Power Industrial, inc., to provide a turn-key downstream package to customers, one that increases the automation offering for improved productivity.”reelpowerind.com

• 2 sources
• reelpowerind.comReel Power Industrial Acquires Novatec’s Downstream Extrusion LineDevelopment TeamSep 2, 2024
• prnewswire.comReel Power Industrial acquires Novatec's downstream extrusion line equipmentReel PowerSep 9, 2024

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