Douglas Manufacturing Acquired by Rulmeca Group

Douglas Manufacturing, based in Pell City, AL, announced that it has been acquired by Rulmeca Holding Spa.

"With this acquisition, Douglas benefits from integration into a financially sound international group, gains access to a global supply chain and will have a more extensive product portfolio," said a spokesperson. "At the same time, Rulmeca realizes a strategic step toward growing its business in the U.S. market."

Rulmeca's product lines and global presence position Douglas to build on its legacy as a leading manufacturer of conveyor components in the U.S. Rulmeca plans significant investments in the company to allow Douglas to increase production capacity and foster a spirit of technical innovation in the coming months.

Paul Ross will remain President, and the current management team will stay in place and ensure the continued growth and stability of the company. The company will immediately begin to grow its talent pool to help support future expansion plans.

"We are excited to join with Rulmeca and be a part of the Rulmeca family. We will leverage the talents, experience and resources of our companies to build on the value that we offer our customers and grow in the U.S. market," said Paul Ross, President and CEO Douglas Manufacturing.

For more information contact:

Douglas Manufacturing Co., Inc.

Pell City, AL 35125

205-884-1200

sales@douglasmanufacturing.com

www.douglasmanufacturing.com

Rulmeca Group

www.rulmeca.com