Megadyne accelerates international growth
1st Quarter 2018
News & events
Megadyne has further strengthened its growth on international markets through the acquisition of some important players in the field of power transmission. Founded in 1957, this Italian company is a world-leader in the development, production and distribution of rubber and polyurethane transmission belts, matched components, complete belt systems and other complementary products. Three new companies have joined the group. Ave in Spain specialises in the development and production of chains, belts, guides and components in stainless steel and new high-performance materials. With headquarters and factories in Barcelona, Ave products have multiple applications in industrial sectors, such as bottling, packaging, cosmetics and automotive. Megabelt is a leader in the distribution of transmission belts and conveyor belts in the Israeli market. Its range of products includes complete lines of machinery for the production of V-belts in rubber and toothed belts. Bandas Cimexa is a distributor of power transmission systems in Colombia.
The new acquisitions in Spain, Israel and Colombia come on top of the one completed in July 2017 which involved Sacif, an Italian leader in the production and marketing of special conveyor belts and toothed belts used in the industrial automation sector. This extension of its corporate structure has provided Megadyne with a further competitive advantage, determined by the expansion of its product range and geographical areas of reference, allowing the company to present itself successfully in new markets.
For more information contact Patrizio Trevisan, Megadyne South Africa, +27 (0)12 661 1652, [email protected], www.megadynegroup.com
Further reading:
Innomotics certified for innovative mine winder braking system
News & events
Innomotics has achieved SIL 3 certification for the COBRA 02 S braking system for mine winder installations, together with OLKO-Maschinentechnik.
Read more...
BMG backs emerging driver talent in South African motorsport
Bearing Man Group T/A BMG
News & events
BMG has reaffirmed its commitment to local talent development through its sponsorship of Karabo Malemela, a driver on the Pablo Clark Racing Development Company’s motorsport development programme.
Read more...
Parker Hannifin brings advanced motion technologies to the World RX
Parker Hannifin - Sales Company South Africa
News & events
Parker Hannifin is back on the FIA World Rallycross Championship grid to push the limits of sustainable performance in one of motorsport’s toughest arenas.
Read more...
Prestigious award recognises inventiveness and entrepreneurial courage
Beckhoff Automation
News & events
Hans Beckhoff, managing director, owner and founder of Beckhoff Automation, was recently honoured with the widely acclaimed Rudolf Diesel Medal 2025. This medal honours him as a visionary pioneer in automation technology.
Read more...
Epiroc rocks youth development programmes
News & events
Epiroc is not just building equipment - it’s building futures. Through its dynamic internship and learner programmes, the mining equipment and services specialist is shaping South Africa’s next generation of skilled professionals, equipping them with real-world experience, industry knowledge and the confidence to launch successful careers.
Read more...
RS South Africa showcases industrial solutions at MTE Phalaborwa
RS South Africa
News & events
RS South Africa recently showcased its latest industrial and electronic solutions at the Mining and Technical Exhibition in Phalaborwa in Limpopo.
Read more...
LH Marthinusen launches new industrial fan manufacturing and services factory
News & events
LH Marthinusen has launched its new industrial fan manufacturing and services factory in Ekurhuleni. THis is a major milestone for South African energy infrastructure growth.
Read more...
Building skills and sharing knowledge for growth in Africa
SEW-EURODRIVE
News & events
As a leading provider of drive and automation solutions across the continent, SEW-EURODRIVE recognises that local insight and on-the-ground capability are critical to delivering effective sustainable results. The company continues to invest in people development and technical training within its network of African subsidiaries and partners, supporting the long-term growth of its customers and the broader industrial ecosystem.
Read more...
Schneider Electric drives innovation in Africa
Schneider Electric South Africa
News & events
Schneider Electric has officially launched its first Innovation Hub on the African continent, coinciding with the opening of its new regional headquarters in Midrand, South Africa.
Read more...
From the editor's desk: Riding the hype cycle
Technews Publishing
News & events
The other day, I came across an entertaining article on the ten biggest tech failures of the last decade. Google Glass, 3D TVs and Elon Musk’s hyperloop have all faded into obscurity. Others, like the
...
Read more...
printer friendly version