Megadyne Group () and Ammeraal Beltech () have appointed a combined CEO, Mr Stijn Vriends. The appointment follows the recent agreement by Partners Group, the global private markets investment manager, to acquire and merge both companies on behalf of its clients, creating a full-service provider across specialist industrial transmission belting and lightweight conveyor belting. Most recently, during his three-year tenure as CEO of Faster, a Milan-based market leader in hydraulic couplings, Stijn Vriends oversaw a growth strategy that led to the company being acquired by Helios Technologies, a NASDAQ-listed industrial manufacturing company.
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