Fairlawn-based Continental Corp. USA has acquired WCCO Belting, a North Dakota-based, family-owned belting manufacturer.
The company said the acquisition would complement its conveyor belting customer portfolio and strengthen its Conveying Solutions business in the agricultural industry. Additionally, equipment manufacturers, distributors, dealers and farmers will benefit from a combined product and service portfolio generating a full, multi-tier offering that will enable better support and service.
“This strategic acquisition is a threefold perfect fit: portfolio, sales market and people. Moreover, we continue our transformation towards a holistic solutions provider in one of the growing industries, namely the off-highway industry,” said Philip Nelles, a member of Continental’s executive board and head of the ContiTech Group Sector based in Fairlawn.
Terms were not disclosed.
