Miller Johnson Represents Uniband in Sale to Beltservice Corporation
The Transaction
In November 2023, Uniband USA, a manufacturer of custom lightweight belting solutions headquartered in Grand Rapids, Michigan, was acquired by Beltservice Corporation, a global fabricator of custom conveyor belting headquartered in Earth City, Missouri.
Milco Marchetti, founder of Uniband states “the Miller Johnson team provided me with the full array of services for the sale of my company, managed the operational part of the transaction, both from a legal and fiscal point of view, interfacing with my CPA. In short: they provided me 360-degree service.”
Charter Capital Partners served as the M&A financial adviser to Uniband USA for the transaction.
Miller Johnson’s team included Dustin Daniels (M&A), Michael Penny (M&A), Courtney Lee (M&A), Ryan McNally (Real Estate), Brandon Griffith (Intellectual Property), Grant Schertzing (Environmental), Tripp VanderWal (Employee Benefits), and Brett Liefbroer (Employee Benefits).
UNIBAND USA
(unibandusa.com) Uniband was founded in the 1970’s and moved from Italy to Grand Rapids, Michigan in January of 2010. Starting with the extrusion of Urethane cleats and V-guides, a growing range of products were produced to include plied conveyor belting as well as expanding the range of v-guides and other accessories.
Beltservice Corporation
(beltservice.com) Originally founded in St. Louis, Missouri in 1892, Beltservice Corporation offers the industry’s largest selection of cleated belts, 100+ different chevron cleated patterns and a wide array of light- and heavy-duty belts designed for all kinds of manufacturing, processing and logistics uses.
Miller Johnson’s Mergers and Acquisitions Group
Miller Johnson’s M&A practice group collaborates with clients and their advisors to structure, negotiate and close deals and to navigate the challenges that can arise in mergers, acquisitions, dispositions and other business combination or investment transactions.
Miller Johnson is top listed for mergers and acquisitions with U.S. News & World Report’s Best Law Firms and is ranked by Chambers USA. At The M&A Advisor’s national awards and the ACG M&A Deals and Dealmakers regional awards, our attorneys are consistently involved in deals honored as winners and finalists. For further information, please contact Dustin Daniels at (616) 831-1737.