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02/09/2017

REMA TIP TOP strives for strong market position in Brazil

REMA TIP TOP, a globally operating system provider of services and products in the field of conveying and treatment technology as well as tyre repair, has acquired Norte Sul Serviços de Vulcanização (“Norte Sul Serviços”), a conveyor maintenance provider in Brazil. Through the acquisition, REMA TIP TOP increased its global footprint and is now present in Brazil with a wholly-owned subsidiary.

“The acquisition complements our service focus very well”, says Thorsten Wach, CEO of REMA TIP TOP. “The takeover strengthens our position as a full solutions provider. It extends our global service team, while it also marks an important step in our expansion strategy in growth markets. It ensures a nation-wide coverage in Brazil with service and stocking locations in Sao Paulo, Canaã dos Carajás, Nova Lima, Vitoria and Belo Horizonte.”

REMA TIP TOP is an established global system provider with an integrated and closely interlocked services and product portfolio. The company continuously expands its network through acquisitions, further strengthening its global service offering. In 2016, these included the French COBRA, the German Gulich, the Australian ConvaTech and the Norwegian Flexpro.

With a strong team of service technicians, engineers and specialists around the world, REMA TIP TOP offers customer oriented services on six continents. The service teams focus on improving system availability by increasing operational readiness and prolonged system life-time. These goals are ideally aligned with those of Norte Sul Serviços as a sophisticated conveyor maintenance business in Brazil. The joint organization will be particularly well positioned to meet the rising expectations of its customers.

REMA TIP TOP will provide the new Brazilian subsidiary with financial, project management, engineering, product and service resources. The local project team will be supported by the REMA TIP TOP global response team of experienced engineers from the service competence centres in Germany, the rest of Europe, South Africa, Australia, Chile and Brazil. Via Norte Sul Serviços, REMA TIP TOP will also introduce its service processes and technologies to the Brazilian market, including the innovative REMA M³ remote monitoring system.

Rafael Mashiba, Managing Director of Norte Sul Serviços, says: “The new partnership offers Norte Sul Serviços access to a broad network of experts as well as global resources, technologies and financial strength of the REMA TIP TOP group, allowing us to provide our customers in Brazil with even better and more professional services.”

Norte Sul Serviços employs approximately 220 people, comprising a service force with 180 technicians, 20 engineers and 20 administrative employees.

About REMA TIP TOP

REMA TIP TOP is a globally operating system provider of services and products in the field of conveying and treatment technology as well as tyre repair. The company provides a global service network and offers a broad range of rubber and elastomer based products, linings and coatings for the industrial as well as for the automotive sector. In almost 100 years of corporate history, the company gained unique expertise in material development and industrial services, and is active in the business divisions Material Processing, Surface Protection and Automotive. In the financial year 2015, REMA TIP TOP generated sales of more than EUR 800 million. The company employs more than 5,500 people (as of the end of 2015) and has more than 140 subsidiaries and participations – including notable brands like Dunlop Belting Products South Africa, Cobra/Depreux or Asplit. For further information, please visit www.rema-tiptop.com

Press contact:

REMA TIP TOP AG
Marius Schaub
marius.schaub@tiptop.de
+49 (0) 8121 / 707 10265
www.rema-tiptop.com