Bref Eco covers OTEGO Group’s acquisition of Tanals. Following Calomatech, the group continues its strategy of acquiring specialized SMEs to build a broader industrial group.
Lyon Capitale | OTEGO Group acquires Tanals, an Industrial Belt Specialist
Article originally published in French
OTEGO Group, a specialist in high-performance technical textiles that protect people, machinery and buildings, has acquired Tanals, an Alsace-based manufacturer of industrial belts, conveyor belts and transmission solutions. Following the acquisition of Calomatech, the deal is part of the group’s CAP 2030 strategic plan. Tanals will be able to use OTEGO’s international sales network, which covers 110 countries, and the two companies will be able to cross-sell to each other’s customers.
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Originally published by Lyon Capitale