Megadyne Group, world leader in power tran***ission belts and conveyor belts, has recently completed the acquisition of the Spanish company PERHAR DISTRIBUCIONES, S.A.U, active in the sale of modular belts and conveyor belts business with two important distribution and product processing centres in Valencia and Madrid.

This additional strengthening of the distribution platform represents a c***iderable competitive advantage for Megadyne to c***olidate its position in the material handling and conveying systems and into the power tran***ission sectors.

Megadyne has a very strong presence in Europe, America, Asia, and Africa, with 16 production plants, more than 50 sales branches and 2,300 peoples that work for the Group.

Megadyne is continuing its strategic development plan aimed at expanding its product range and opening up to new geographic markets both through a strong organic growth and through large acquisiti*** with significant industrial and sales synergies.