The Megadyne Group is pleased to announce the acquisition of Rultrans Transmission A.S.
A few words about Rultrans Transmission
Rultrans is a market leader in Turkey and is recognized internationally as a manufacturer and supplier of a wide range of high-quality PVC and polyurethane conveyor belts. Established in 1981, it is based out of Ulucak – Kemalpasa (Izmir), Turkey.
Rultrans will not only keep its name but will also continue to be run as a separate Business Unit by the Cikurel family who have successfully managed the company for over 30 years. The goal is to combine the expertise and knowledge accumulated during this time, as well as the experienced workforce with Megadyne’s strengths, such as its manufacturing, logistic and engineering capabilities.
Why does the acquisition matter?
This milestone acquisition gives Megadyne a considerable competitive advantage and strengthens its position as the market leader, offering the best power transmission and conveying solutions to its customers. It represents an opportunity to create a new, formidable range of products, that combined with Megadyne’s international distribution network, is expected to further accelerate the Group’s growth.
