Digging the Latest Small Business News

“REMA TIP TOP Bolsters Global Presence in Conveyor Technology with Acquisition of Almex Group’s Key Assets”

REMA TIP TOP Acquires Significant Assets and Operations of the Canadian Almex Group

Munich, Germany – On Wednesday, September 10th, 2025, REMA TIP TOP announced the acquisition of significant assets and operations of the Canadian Almex Group. This strategic move expands the company’s portfolio in the area of conveyor belt vulcanizing systems and solidifies its position as the world’s leading provider of integrated conveying solutions.

According to Michael Übelacker, CEO of the REMA TIP TOP Group, “The integration of Almex into the REMA TIP TOP family marks a major milestone. Together, we combine technical excellence and innovation, top-class service standards, and customer focus to drive global growth. Our customers will benefit from expanded capacities and our worldwide service network.”

The acquisition will see Almex maintain its brand identity, global manufacturing network, and experienced teams. As a leading manufacturer of vulcanizing presses, Almex adds valuable technological strength and decades of expertise to the REMA TIP TOP Group. This acquisition aims to utilize Almex’s expertise to expand REMA TIP TOP’s product portfolio and optimize efficiency in the supply chain.

Customers can expect a seamless transition and even faster service from the acquired Almex entities. In Mexico, Brazil, and Africa, REMA TIP TOP and Almex Canada Ltd. will serve as channel partners.

With the integration into the REMA TIP TOP Group, Almex gains access to expanded research and development (R&D) capacities, international supply networks, and a larger global customer base. The combined expertise of both organizations will be used to develop next-generation solutions for conveyor system operators worldwide. Joint teams have already begun integration planning, with a clear focus on ensuring business continuity and providing long-term customer value.

Founded in Parry Sound, Canada, in 1962, the Almex Group is recognized as a leading provider of conveyor belt vulcanization and splicing systems, with installations in over 120 countries. The company’s production facilities will remain in Canada, China, and Spain. Operational companies in the Netherlands, the United States, Australia, Indonesia, Chile, and Peru will also remain unchanged under REMA TIP TOP.

About REMA TIP TOP

REMA TIP TOP is a globally operating system provider of services and products in the field of conveying and treatment technology, as well as tire repair. With a global service network, the company offers a wide range of rubber products, linings, and coatings for the industrial and automotive sectors. With almost a century of experience, REMA TIP TOP has developed unique expertise in materials development and industrial services. The company is active in three sectors – REMA Conveying, REMA Surface Protection, and REMA Motion. In the 2024 financial year, REMA TIP TOP generated sales of over 1.5 billion euros. The company employs 10,000 people worldwide and has more than 200 subsidiaries and associated companies.

For more information on the company, please visit www.rema-tiptop.com.

Press Contact REMA TIP TOP AG

Oliver Budde // livewelt agency Mail: oliver.budde@livewelt.dePhone: +49 5241 210 90 225 Web: www.rema-tiptop.com/press

This news article is distributed by Pressat – the UK’s leading press release distribution service. For more information, please visit https://pressat.co.uk/.

Share this article
0
Share
Shareable URL
Prev Post

Stmarycapital.com Review: Stability, Speed, and Trader Support Combined

Read next
0
Share