10:47 AM EDT, 07/22/2025 (MT Newswires) -- Decisive Dividend ( DEDVF ) on Tuesday said its UK-based subsidiary, Techbelt, has completed two tuck-in acquisitions for a total of $800,000.
Techbelt acquired Blackburn Conveyor Systems and the assets of NK Technics' UK- based conveyor belt business. The acquisitions allow Techbelt to expand its polyurethane (PU) and polyvinyl chloride (PVC) belting products, diversifying its product suite. The acquisitions also provide additional space, equipment and people to meet the demand from Techbelt's customer base.
"These two acquisitions are great additions to Techbelt, with the additional capabilities and customers Blackburn and NK provide building on a business that has performed very well post-acquisition. These acquisitions are aligned with our focus of acquiring within the industry verticals we have previously invested in," said Chief Executive Jeff Schellenburg.
"We also have the benefit of plugging these two businesses into Techbelt's high-performing leadership team...an approach that will fast-forward integration in a customer-focused way for the benefit of Decisive shareholders."
The company's shares were last seen up $0.01, to $7.96, on the TSX Venture Exchange.
Price: 7.96, Change: +0.01, Percent Change: +0.13