Belt Power LLC, a Marietta, Georgia-based distributor and fabricator of lightweight conveyor system components, has completed its acquisition of Accurate Industrial Products, LLC.
Financial terms were not disclosed.
Accurate delivers lightweight belting products and services to customers across the country from locations in the St. Louis and Columbus, Ohio, markets. Accurate also services a wide array of industries, including food processing, auto/tire manufacturing, consumer packaged goods, building products and general industrial markets.
The combination of Belt Power and Accurate is expected to provide a “powerful platform to deliver value-added solutions to customers nationwide, leveraging Belt Power’s expanding footprint, fabrication capabilities and technical sales organization,” the company said.
Accurate owners Glenn Siemer and John Hipp are expected to have “critical, ongoing roles” with Belt Power.
“Joining forces with Glenn and his team brings together two great companies with rich traditions and strong cultures focused on taking care of our people and customers,” Belt Power CEO Don Heitmeier said. “Our companies have similar approaches to the business with minimal overlap, enabling us to accelerate our national organic growth strategy during a very dynamic time in our industry.”
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