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The Fenner subsidiary did not release the value of the takeover, but confirmed the company’s unaudited gross assets totalled more than $US6.47 million at the end of last year.
Allison, which specialises in design, engineering, machining and metal fabrication, primarily works in the Pennsylvania and West Virginia mining markets and has a strong reputation in the region’s underground coal industry.
“This is a significant development for the Fenner Dunlop Engineered Conveyor Solutions offering in the Americas,” Fenner chief executive Nicholas Hobson said.
“We have again expanded our capabilities and have broadened our offer to manage the life cycle of our customers’ conveyors.”
Officials did not elaborate on plans for Allison’s facilities or any transition timelines.
In addition to mining, Fenner’s conveying system products and services can be found in power generation, office automation, hydraulics and energy industries and the medical device industry.
