Dorner Holding Corp., the parent company of Dorner Mfg., has announced the acquisition of Penang, Malaysia-based FlexMove, a leading manufacturer of flexible chain conveyors for food, beverage, automotive, electronic and other industries.
Dorner Mfg. is an industry leader in the design, applications, manufacturing and integration of precision industrial and sanitary conveyor systems.
The addition of FlexMove expands Dorner Holding Corp.´s geographic coverage and complements existing products and capabilities in the Dorner Mfg. line.
FlexMove anticipates the acquisition by Dorner will provide customers with a comprehensive conveyor platform offering to accommodate virtually any material handling application.
Dorner Mfg. is a globally recognized brand in low profile belt conveyors, and we´re looking forward to joining the Dorner Holding family.
Dorner Mfg. expects the integration with FlexMove to be beneficial, particularly to customers in European and Asian markets.
"We´re excited to have a company join us whose views on product quality and delivery are in line with Dorner," said Terry Schadeberg, president and CEO, Dorner Mfg.
"FlexMove´s capabilities will allow us to serve our international customer base with greater efficiency."
The acquisition will allow Dorner Mfg. to continue its strategy of international expansion. Earlier this year, the company appointed Dan Nasato to the position of Vice President of International Development, and Edmundo De la Rosa as International Sales Manager – Latin America.