Rexnord to acquire Cambridge International Holdings

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Cambridge designs, manufactures and installs metal conveyor belts, architectural mesh and environmental filters.

Based in Cambridge, Maryland, the company has three divisions: Conveyor Belts; Architectural Mesh; and Filtration Systems. The Filtration Systems division supplies filtration screens and systems for power, manufacturing, wood processing, pulp & paper and wastewater treatment markets.

“Cambridge aligns well with our strategy to expand our presence in consumer-driven end markets,” said Todd Adams, president and CEO of Rexnord. “The acquisition, when completed, will bring our total sales to water, aerospace, and food and beverage end markets to more than 70% of total revenues that should, over time, generate a better balanced, overall growth profile.”

“The combination of Cambridge’s leadership in food applications and Rexnord’s strength across the global beverage industry yields an unequalled portfolio of food and beverage conveying solutions that we are confident will create additional value for customers, associates and shareholders,” said Kevin Zaba, president of the Rexnord Process and Motion Control platform.

Headquartered in Milwaukee, Wisconsin, Rexnord has two strategic platforms, Process & Motion Control and Water Management, with approximately 7700 employees worldwide.