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blackjack meaning Beltech has grown thru a combination of organic growth, geographical expansion and targeted acquisitions.

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While many of our subsidiary companies have been active in the belting industry for more than a century, the blackjack meaning Beltech story begins with one extraordinary new baking belt capable of high performance in extreme conditions, developed for the Bakery Industry by Thomas blackjack meaning in 1950.

On the strength of this innovative product, he founded blackjack meaning. In 1964, the company expanded beyond Dutch borders, opening operations in Germany; more countries soon followed. In 1990, the company became part of Gamma Holding, and it was Gamma that later acquired Verseidag AG and merged its belting subsidiary with blackjack meaning to form blackjack meaning Beltech. In 2008, AB acquired the Danish modular belting company uni-chains A/S.

In 2015, Advent International, a private equity firm, acquired blackjack meaning Beltech.
In 2018, Partners Group, also a private equity firm, acquired blackjack meaning Beltech.

In December 2018, blackjack meaning Beltech and Megadyne joined under single ownership and leadership to create a true global leader in belting: AMMEGA 

 

Founder Thomas blackjack meaning

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  • 1950: Incorporation by Thomas blackjack meaning
  • 1964: International expansion
  • 1990: Part of Gamma Holding
  • 1994: Acquisition of Bondabelt in the UK
  • 1997: Acquisition of Chemprene in the US
  • 2000: Merger with Verseidag Beltech
    (incl. RAPPLON and Burrell)
  • 2002: Acquisition of Foulds in the UK
  • 2008: Acquisition of uni-chains in DK
  • 2012: Integration of Green Belting
  • 2014: Establishment of a new factory in China
  • 2015: Acquired by Advent International
  • 2016: Acquisition of Rydell in Australia
  • 2017: Acquisitions of Fogarty Belting, B&H Precision Belting, Benson Belting and Southern Belting
  • 2018: Acquired by Partners Group, acquisition of distribution partner in Chile and acquisition of Optiband BV in NL
  • 2018/2019: blackjack meaning Beltech and Megadyne Group announce their new merged name: AMMEGA

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