Renold plc has acquired MAC Chain Company for $31.4mn

LONDON: Renold plc, a leading international supplier of industrial chains and related power transmission products, has acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the entire issued share capital of MAC Chain Company Limited (Canada), for a total cash consideration of US$31.4 million. MAC Chain is being acquired on a…

Renold Plc has acquired Davidson Chain for AUD 6 million

LONDON, UK: Renold Plc, a leading international supplier of industrial chains and related power transmission products, has acquired the trading assets of Davidson Chain PTY (Davidson) for a total cash consideration of AU$6 million. Davidson was acquired on a cash free, debt free basis, for a total cash consideration of AU$6 million. The acquisition consideration…