EANS-News

Semperit AG Holding / Semperit and Shaw Almex agree to end their cooperation agreement for the North American conveyor belt market

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Company Information

Atlanta, Georgia, USA / Vienna, Austria - Customers will continue to be served
without interruption
- Sempertrans USA and Shaw Almex will act independently on the North American
market

Sempertrans USA LLC and Shaw Almex Industries Ltd. agreed to end their
cooperation agreement today, which was started in 2016, for the North American
conveyor belt market. Sempertrans USA has set up a sales and distribution
organization for conveyor belts in North America, which will continue to serve
its customers in this important market.

Markus Keller, Head of Segment Sempertrans, says: "Our customers remain serviced
without interruption. We will continue to offer our technically advanced and
high-quality conveyor belts in North America."

Tim Shaw, CEO of Shaw Almex, says: "We both agreed that it is better for our
customers if we act independently and therefore can be more flexible in handling
their needs. Shaw Almex will focus on its well-known strength in its markets."

About Semperit
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells in more than 100 countries highly
specialised rubber products for the medical and industrial sectors: examination
and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator
handrails, construction profiles, cable car rings, and products for railway
superstructures. The headquarters of this long-standing Austrian company, which
was founded in 1824, are located in Vienna. The Semperit Group employs around
6,500 people worldwide, including about 3,500 in Asia and more than 800 in
Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has
22 manufacturing facilities worldwide and numerous sales offices in Europe,
Asia, Australia and America. In 2016 the group generated revenue of EUR 852
million and an EBITDA of EUR 78 million.

About Sempertrans
Sempertrans is one of the largest and most technologically advanced conveyor
belt manufacturers in the world. The portfolio includes textile belts and steel
cord belts for the most demanding applications in the mining, cement and steel
industries as well as other applications such as ports, quarries and chemical
industry. Conveyor belts from Sempertrans are distinguished worldwide for their