Webster Industries Purchases Renold

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1425334041729-0'); });

MPE Partners along with its portfolio company, Webster Industries, announced the closing of its acquisition of Renold plc, a leading designer, engineer, manufacturer, and supplier of premium, high specification industrial chain and torque transmission products.

With manufacturing facilities located across North America, Europe, and Asia-Pacific, Renold supplies a diverse base of global customers in more than 100 countries across a broad range of industrial power transmission applications. Renold’s products are critical to end-users’ operating environments wherever materials are lifted, moved, rotated, or conveyed and are used in end markets such as manufactured products, material handling, energy, forestry, and agriculture.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1446841792559-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-5'); });

The transformative combination of Webster and Renold creates a market-leading chain and power transmission products platform with premium brands by expanding product offering, diversifying end markets and geographic footprint, and unlocking commercial opportunities. The acquisition represents a strategic step forward in Webster’s long-term vision to build the global leader in automation, material handling, and power transmission solutions.

Following the acquisition, both Webster and Renold will continue to operate out of their current manufacturing facilities, with no changes to day-to-day business operations. The combined platform will be headquartered in the U.S.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-4'); });

Latest news

Bob Vermeer Guided Family Operation

Sep 20, 2022

Robert “Bob” Lee Vermeer, who drove the growth of Vermeer Corp. and its line of whole tree chippers and other wood processing equipment, died on August 17. He was 78. His vibrant love of people,…

read more

Wrapping It Up: Wood Bio Conference

Sep 20, 2022

EDITOR’S NOTE: This is the third of three parts in the coverage of the Wood Bioenergy Conference & Expo held March 29-30, 2022 at the Omni Hotel at CNN Center and hosted by Wood Bioenergy…

read more

EU Vote Boosts Biomass

Sep 20, 2022

The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the…

read more

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-1'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383682827953-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383684651698-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-1'); });
Subscribe to Our Newsletter

Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.

Subscribe Now
Subscribe/Renew

Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.

Complete the Form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us