SACIF - ACQUISITION ANNOUNCEMENT

18 September 2017

SACIF - ACQUISITION ANNOUNCEMENT

The Megadyne Group is pleased to announce the acquisition of Sacif Srl.
Sacif is market leader in Southern Italy in the customization and distribution of conveyor belts and timing belts, providing highly customized solution to its customers. Established in 1989, it is based out of Pescara, Italy.
This acquisition gives Megadyne a considerable competitive advantage and strengthens its position as market leader in turnkey advance technical solutions, offering the best power transmission and conveying solutions to its industrial customers.
It represents an unique opportunity to create a new, formidable range of products, that combined with Megadyne’s own international distribution network, is expected to further accelerate the Group’s growth in the conveyor belts business.

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