Renold completed the acquisition of MAC Chain for $31m.

Renold, a machine industry company, completed the acquisition of MAC Chain, a conveyor chain products manufacturer, for $31m. "We are delighted that MAC Chain is to join the Renold Group and that not only are we buying an excellent business, but also retaining the services of a very talented group of managers and employees. The acquisition of MAC Chain considerably expands and strengthens our North American Conveyor chain offering," Robert Purcell, Renold CEO.