REMA TIP TOP has acquired significant assets and operations of Canada’s Almex Group, expanding its conveyor belt vulcanising systems portfolio and service reach. Almex will keep its brand, manufacturing footprint and teams, with production remaining in Canada, China and Spain. The move follows July’s court-approved deal framework and continues integration planning focused on business continuity. Poing, Germany announced the transaction on 5 September 2025.
REMA TIP TOP says the acquisition strengthens its position in integrated conveying solutions by combining Almex’s vulcanising press expertise with REMA TIP TOP’s global network and R&D. Almex will maintain brand identity and operations, while customers are told to expect continuity and quicker service from acquired entities. In Mexico, Brazil and Africa, REMA TIP TOP and Almex Canada Ltd. will act as channel partners.
“The integration of Almex into the REMA TIP TOP family marks a major milestone. Together we combine technical excellence and innovation, top-class service standards, and customer focus to drive global growth. Our customers will benefit from expanded capacities and our worldwide service network,” said Michael Übelacker, CEO, REMA TIP TOP Group.
Founded in Parry Sound in 1962, Almex is recognised for conveyor belt vulcanisation and splicing systems with installations in 120+ countries. Production will remain in Canada, China and Spain; operating companies in the Netherlands, United States, Australia, Indonesia, Chile and Peru also remain in place under REMA TIP TOP.
Tyre News recently covered industrial belt market shifts, including Continental’s plan to separate ContiTech and related conveyor activity, signalling portfolio realignments across the sector. https://www.tyrenews.co.uk/news/continental-explores-sale-of-contitech-as-part-of-major-restructuring
In off-highway and mining, Tyre News has also reported rising attention on used conveyor belt recovery alongside OTR tyre recycling, highlighting demand for service speed and lifecycle support that deals like REMA TIP TOP–Almex aim to address.
REMA TIP TOP announced a definitive agreement to acquire Almex in July 2025, noting court approval under Canada’s Companies’ Creditors Arrangement Act. Today’s announcement confirms the transfer of key assets and operations and sets the integration agenda.
Tagged with:
REMA TIP TOP, Almex Group, conveyor belt vulcanising, splicing systems, industrial conveyors, materials handling, mining conveyors, service network, R&D integration, asset acquisition, Canada manufacturing, Germany industry
Disclaimer: This content may include forward-looking statements. Views expressed are not verified or endorsed by Tyre News Media.
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