EANS-News: Semperit AG Holding Semperit and Shaw Almex agree to end their
cooperation agreement for the North American conveyor belt market
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Company Information
Atlanta, Georgia, USA / Vienna, Austria - Customers will continue to be served
without interruption
- Sempertrans USA and Shaw Almex will act independently on the North American
market
Sempertrans USA LLC and Shaw Almex Industries Ltd. agreed to end their
cooperation agreement today, which was started in 2016, for the North American
conveyor belt market. Sempertrans USA has set up a sales and distribution
organization for conveyor belts in North America, which will continue to serve
its customers in this important market.
Markus Keller, Head of Segment Sempertrans, says: "Our customers remain serviced
without interruption. We will continue to offer our technically advanced and
high-quality conveyor belts in North America."
Tim Shaw, CEO of Shaw Almex, says: "We both agreed that it is better for our
customers if we act independently and therefore can be more flexible in handling
their needs. Shaw Almex will focus on its well-known strength in its markets."
About Semperit
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells in more than 100 countries highly
specialised rubber products for the medical and industrial sectors: examination
and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator
handrails, construction profiles, cable car rings, and products for railway
superstructures. The headquarters of this long-standing Austrian company, which
was founded in 1824, are located in Vienna. The Semperit Group employs around
6,500 people worldwide, including about 3,500 in Asia and more than 800 in
Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has
22 manufacturing facilities worldwide and numerous sales offices in Europe,
Asia, Australia and America. In 2016 the group generated revenue of EUR 852
million and an EBITDA of EUR 78 million.
About Sempertrans
Sempertrans is one of the largest and most technologically advanced conveyor
belt manufacturers in the world. The portfolio includes textile belts and steel
cord belts for the most demanding applications in the mining, cement and steel
industries as well as other applications such as ports, quarries and chemical
industry. Conveyor belts from Sempertrans are distinguished worldwide for their
high reliability and long life. Thanks to customized production, they also have
an impressive versatility. Sempertrans serves customers from design, through
manufacturing and installation, to maintenance, and is represented worldwide by
a production and distribution network with expert partners for service and
systems design. In 2016, Sempertrans generated revenues of EUR 148 million
(approx. 17% of the group revenue) and EBITDA of EUR 16 million.
About Shaw Almex
Almex Group is a Canadian corporation with 6 different entities in 17 strategic
locations worldwide and selling into 125 countries globally. Almex has grown and
together with strategic acquisitions now provides solutions for Android Tablets
and instrumentation, dust suppression, tire repair, vulcanizers and presses for
conveyor belt manufacturing and installation and adhesives and consumables for
conveyor belt splicing.
With its financial headquarters in Toronto, Canada and global manufacturing
anchored by an Atlanta Georgia Campus, the company has centers of excellence for
product development and design on six continents.
Almex products are trusted by the world's largest corporations including Boeing,
BHP Billiton, Rio Tinto and Milliken. Almex's reputation for quality and
customer service is unmatched in the industry. More service companies and mines
trust Almex vulcanizers than any other supplier in the world.
Almex commitment to research and development has seen the company register new
patents every year for the past 5 years and with several acquisitions pending
the company is continuing an aggressive growth strategy.
Shaw Almex demonstrates a social commitment to this global community by
contributing to local charitable causes and adhering to stringent environmental
standards. The Shaw Almex tradition of quality lives on today through the Almex
Group of companies, the unique Almex presses, complementary fusion products, and
a profound commitment to excellence, integrity, and social responsibility in all
aspects of business endeavours around the world.
Further inquiry note:
Monika Riedel
Group Head of Communications & Sustainability
+43 676 8715 8620
monika.riedel@semperitgroup.com
Stefan Marin
Head of Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.comwww.semperitgroup.com
end of announcement euro adhoc
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issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: stefan.marin@semperitgroup.com
WWW: www.semperitgroup.com
ISIN: AT0000785555
indexes: WBI, ATX GP, ATX PRIME
stockmarkets: Wien
language: English