10/1/2021

MATO Corporation USA announced today the acquisition of Conveyor Accessories Incorporated. MATO Corporation USA, began in 1995, as a subsidiary of MATO Group of Companies headquartered in Muehlheim (near Frankfurt) Germany, founded in 1906, and has been a leader in conveyor belt fasteners, belt maintenance conveyor products and lubrication equipment through its multiple locations around the world.

MATO Corporation USA has provided quality conveyor belt fastening products along with excellent conveyor solutions since 1995. Originating in Beckley West Virginia and then adding a facility in Birmingham Alabama in 2005 to better service the mining industry.

“We are so excited to be joining forces with the team at Conveyor Accessories Incorporated. This will significantly strengthen our position around the world and greatly enhance our ability to service our customers with a more complete product offering” explained Reggie Hays, Vice President of MATO Corporation USA. “This acquisition is instrumental in meeting our goal of delivering the optimum conveying solution at the right time with safe and proven products, and with great people to assist our customers.”

“We have been growing our business by providing quality products and solutions while being loyal and ethical to our customers around the world.” Tom Richardson, President of Conveyor Accessories Incorporated said that the “Joining of MATO Corporation USA and Conveyor Accessories will ensure that we remain true to our values while increasing opportunities for our employees and benefits for our customers worldwide.

Together we will be able to offer a more complete product range to meet our global customers’ needs with a national distribution network. “We’ll have the resources to tackle any project regardless of size, scope, or location. We are excited to establish a great team and we’re looking forward to the future”

Hans-C. Richter, President and CEO of the MATO Group of Companies, points out the global strategic importance of this acquisition while exploiting great synergy effects, because this step will significantly improve market opportunities worldwide through a product range that has now been expanded.

Reggie Hays

MATO Corporation USA

Vice President

Tom and Mary Jane Richardson

Conveyor Accessories Incorporated