Partners Group-backed AMMEGA completed the acquisition of MIR from Incline.

Partners Group-backed AMMEGA Group, a provider of mission critical lightweight process and conveyor and power transmission belting, completed the acquisition of Midwest Industrial Rubber, a fabricator and distributor of lightweight conveyor belting and industrial conveyor products, from Incline Equity Partners, a private equity firm. Financial terms were not disclosed. “The strategic combination of MIR and the existing AMMEGA Americas organization allows us to better service clients benefitting from MIR’s network, product expertise and strong reputation in the market. MIR helps complete our multi-brand and multi-channel ‘go to market’ strategy by adding a ‘direct to customer’ channel to our already strong indirect or distributor served business. In addition, it brings a strong team to AMMEGA with deep knowledge of its clients and overall contributes to our continuing AMMEGA sales growth in the US. MIR will remain an independent entity within the AMMEGA group,” Ralph Schuck, AMMEGA CEO.