Lyon Entreprises | OTEGO Group Acquires Tanals and Strengthens Its Industrial Offering

Article originally published in French

OTEGO Group, an industrial group based near Lyon, has acquired Tanals as part of its external growth strategy. Founded in 1936, Tanals specializes in process and transmission belts, generates €6.2 million in revenue, and employs 29 people. It also develops the ERO Joint®  brand, a quick mechanical belt-joining technology that significantly reduces production line downtime. Following the Calomatech acquisition, the deal is part of the CAP 2030 strategic plan. Tanals will accelerate its international growth through OTEGO Group’s network, which has more than 150 employees, nearly €40 million in revenue, and 85% of sales from exports.