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Patrick Vericel becomes majority shareholder of MLT Minet Lacing Technology

Patrick Vericel has become the new majority shareholder of the MLT Group Conveyor solutions company, MLT Minet Lacing Technology, based in.

Patrick Vericel becomes the new majority shareholder of MLT Group

On April 12th, Patrick Vericel, co-CEO of the Group since 2017, became the main shareholder of MLT Group.

Flexco and MLT Minet Lacing Technology establish strategic partnership in North America

Advertisement Flexco and MLT Minet Lacing Technology have announced that they have signed an agreement in which Flexco will be the exclusive source for MLT products in the US, Canada, and Mexico. As part of the agreement, MLT will continue to manufacture the products for North America as Flexco integrates MLT North American business into its organisation. MLT will continue to manufacture and distribute its products through its six subsidiaries and its distribution partners throughout the rest of the world. The terms and financial details of the agreement were not disclosed. Flexco is headquartered in Downers Grove, Illinois US., and operates subsidiary locations in nine other countries, partnering with its distributor network to provide superior knowledge and products that make belt conveyor operations as productive as possible for its global customers.

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