Megadyne SpA, a Turin-based company controlled by Partners Group and the Tadolini
Family, world leader in power transmission belts and conveying system, is proud to
announce the acquisition of the CHALLENGE GROUP having locations in UK, Ireland,
Australia, South Africa and China, and SPROCKETS & CHAINS, Johannesburg, South
Africa.
Headquartered in the UK and active in production and distribution of a wide range of
power transmission products across the globe, the CHALLENGE GROUP was the very
first foreign company to manufacture and export power transmission products from
mainland China.
This new partner represents a considerable competitive advantage for Megadyne to
consolidate its worldwide position, into the power transmission sector and to
increase its market share into the various regions where Megadyne and CHALLENGE
are involved.
Megadyne is continuing its strategic development plan aimed at confirming its
leadership in the power transmission and conveying system business and expanding
its product range both through a strong organic growth and through geographical and
strategic acquisitions.
The Chief Executive Officer
Giorgio Tadolini
