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Fenner has acquired Prodesco, the US textile engineering company, for an initial £24m. 07-Feb-2008 Fenner has acquired EGC, the US manufacturer of seals and precision components, for £8m. 09-Oct-2006 Fenner is to invest £18m a year expanding the manufacturing capacity at its conveyor belt factories, with at least one new site being built in China. 11-May-2006 Fenner is to acquire Wellington Holdings, the polymer seals manufacturer, for £45m. 20-Apr-2005 Fenner is planning to invest a further £5m in its Chinese conveyor belt operations, in order to benefit from the growth in mining in Asia. 11-Nov-2004 Fenner is to raise £4.7m in a share placing to fund the expansion of its conveyor belt products business in China. 18-Feb-2004 Fenner has acquired Indico Europe, the Manchester-based manufacturer of rubber hoses for commercial vehicles, for £2.8m. 06-Feb-2004 Fenner has acquired Eagle Belting Company, the US manufacturer of thermoplastic urethane belting, for £3.5m. 28-Aug-2002 Fenner is to acquire the Enerka conveyor belt business of Luxembourg-based Unipoly for £47m, in order to become the world's largest supplier of heavyweight belts. 23-Oct-2001 Fenner, the conveyor belt engineer, is planning to invest up to £100m in acquisitions and product development, and is particularly interested in China. 11-May-2001 Fenner is looking to spend up to £100m on acquisitions to expand its conveyor belt business. 11-May-2000 Fenner is selling its polymer engineering business for £2m to a new company called United Polymers, in which Grove Industries will take an 80% stake. 24-Mar-2000 Fenner is setting up its global headquarters at Hesslewood Hall in Hull, and the site will also include its conveyor belting divisional headquarters. 07-Oct-1998 Fenner is selling its power transmission business to a management buy-in company called FPT Group, and will use the proceeds to invest in polymer products, hydraulics and conveyor belts. 01-Apr-1998 Fenner has acquired Scandura Holdings, the US manufacturer of conveyor belts, for £44m. 22-May-1997 Fenner has acquired Magpie Engineering & Bearings from Boustead Industries for £2.2m. 13-May-1997 Fenner is to sell its Hull-based gear making facility to Sumitomo Heavy Industries of Japan for £5m. 03-Dec-1996 Fenner is to build a motor components factory in the Rhondda valley, creating 540 jobs, but the move has caused controversy as it is receiving grant aid despite the fact it will close two plants in England. 08-Mar-1996 Fenner has acquired Wiechmann Technische Ijzerhandel's power transmission distribution business in the Netherlands. 20-Jan-1996
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