Belt Power acquires Rubber Service
Belt Power announced its acquisition of Rubber Service, a Denver area provider of lightweight belting solutions to customers in the Mountain West and Midwest.
Rubber Service owner Lou Siemer will continue to lead the new branch for Belt Power. Belt Power is a portfolio company of Shorehill Capital LLC.
The terms of the acquisition were not disclosed.
“Rubber Service and Lou Siemer have earned a strong reputation in the lightweight belting industry based on providing excellent service to their customers for over 40 years. We look forward to combining our shared capabilities and teams to expand our service solutions to the Rubber Service customers. I look forward to building on the current capabilities and continuing to expand our presence in the Denver area and throughout the Western U.S.,” said Don Heitmeier, Belt Power CEO.
“Rubber Service Corp. is excited to join the Belt Power team. Both companies share the same customer service focus, and through an increasing network of locations and industry offerings, together we will be well positioned to deliver more valuable solutions for our customers,” said Siemer.
Headquartered in Marietta, Georgia, Belt Power is a distributor and fabricator of conveyor system components, including conveyor belts, equipment, accessories and rubber, hose and gasket products.
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