Singer Equities, Inc., a wholly owned subsidiary of SBP Holdings, has acquired OB&E Rubber Company, headquartered in Jeffersonville, Indiana.
Financial terms were not disclosed.
OB&E Rubber provides heavy-duty conveyor belt accessories and field services, including installation and conveyor maintenance out of their Indiana location. OB&E serves multiple markets including power generation, aggregate, recycling and resell.
The company will continue operating under the OB&E Rubber name. Owners Nathan and Joe Endris will continue in their management roles, Singer said.
“OB&E’s customer centric focus will help strengthen our ability to service new and existing customers in the Midwest region,” said Craig Osborne, SBP Holdings CEO.
With this latest addition, SBP Holdings will increase its North American footprint to 95 locations with over 1,300 employees.