ST. LOUIS—Conveyor belt fabricator/distributor Beltservice Corp. has agreed to acquire Universal Belting Resource L.L.C. from Cumulus Companies Inc., a Merriam, Kan., based holding company.
UBR, which is located in Carmichaels, Pa., is a wholesale distributor and fabricator of lightweight belting. The transaction is effective as of July 31.
Beltservice said the acquisition will enhance its product offering and fabrication capabilities in lightweight belting, which has been a strategic focus area for the company.
"UBR is a great fit because they believe as we do in a sales channel that supports distributors rather than competing with them," Beltservice President Ken Engelsmann said in a news release. "This acquisition is about bringing two great companies together to better serve customers."