GRT Rubber Technologies Announces Strategic Acquisition of Valley Rubber
Main Street Capital Corporation (MAIN)
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ir.mainstcapital.com
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Source: PR Newswire
PARAGOULD, Ark., Nov. 18, 2021 /PRNewswire/ -- GRT Rubber Technologies (GRT), a leading manufacturer of engineered rubber products for applications across a diversified array of end-markets, today announced a strategic acquisition of Valley Rubber, a manufacturer of custom rubber solutions for tough mining and industrial applications. The two industry-leading manufacturers will join forces to share resources, end-market expertise and expand their geographic footprints.Combination to enable international growth and increased market share GRT and Valley Rubber have significant overlap in complementary product offerings and channels in relation to conveyer belt systems. GRT manufactures an extensive line of conveyer belt products and primarily sells through distributors across a diversified array of end-markets, with a core focus on aggregate (sand, gravel, cement, etc.). Valley Rubber provides auxiliary components that control transfer points and dust suppression, addressing issues
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