Continental is expanding its presence in Sweden with the acquisition of conveyor and maintenance company, Vulk & Montage, based in Karlstad.
Vulk & Montage has four locations in Karlstad (headquarters), Örebro, Mora and Stockholm, Sweden. The company is a leading service provider for the conveyor industry in central Sweden, operating out of its four branches and one rubber workshop.
The company provides add-on products such as belts, belt scrapers, industrial hoses, screens, wear rubber, lightweight conveyor belts, technical plastics and additional services like lining (cold and hot), spraying polyurethane, sandblasting and paintwork.
“With the Vulk & Montage Group, we are able to offer an entire service and solution package in addition to the current Continental product portfolio to our industrial customers in Central Sweden,” Song Qi, who is responsible for the global business with conveyor belt system solutions at Continental, said. “The acquisition underscores again our goal of further expanding our service business directly with our customers and aligning our focus accordingly.”
Completion of the acquisition is subject to approval by the competent antitrust authorities, with the two parties agreeing not to disclose the purchase price.
Continental’s Conveying Solutions is one of the world’s leading specialists in conveying and off-highway solutions, with customers in key industries such as mining, agriculture, automotive and plant engineering.
Conveying Solutions’ goal is to respond to specific customer needs and to provide holistic and efficient solutions for every conveying task in the most environmentally friendly way possible – from plant design, production and installation to preventive maintenance and repair.
Conveying Solutions has more than 5,800 employees at 54 locations in 16 countries.