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Fenner powers new deal
Through its subsidiary Fenner Inc, Fenner has acquired gross assets of approximately $2.6 million (£1.3 million) from B-LOC, a New York-based company involved in engineering and selling specialist power transmission and motion control components.
Fenner is active in the global conveyor belting space and a specialist in reinforced polymer technology.
Mark Abrahams, Fenner chief executive officer, commented: “B-LOC is well known in the North American market. Their products extend and complement Fenner’s range of high value-added, proprietary drive solutions.”
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