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PPI expands bulk material handling operations with new acquisition

June 10, 2024  By Rock to Road Staff



PELLA, IA – Precision Pulley & Idler (PPI) has entered into an agreement to acquire Winfield, AL-based Continental Global Material Handling (CGMH).

With this acquisition, CGMH will join PPI’s million-plus square feet of manufacturing space across its 25 global facilities. The acquisition looks to bring PPI and CGMH’s complementary product lines into alignment to enhance the company’s expertise and service, according to Matt Buckingham, president and CEO of PPI.

“We believe the two businesses are stronger together than apart,” he said. “The combination of PPI and Continental’s complementary product lines will allow us to enhance our offerings to the customer, backed by our combined conveying expertise, quality products, and industry-leading customer service. We couldn’t be more excited to welcome the Continental management team and employees into our growing company.”

In a statement from CGMH’s co-presidents, Mark Rodgers and Rich Meacci, the company also expressed their excitement at joining forces with PPI, and the opportunities presented by this venture.

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“Joining PPI is truly exciting for Continental, with each company having incredible management teams and employees,” they said. “The opportunities in front of us are tremendous as we leverage the synergies of these two great companies and build on their already great reputations.”


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