Conveybelts
Conveybelts is a Brazilian conveyor belt manufacturer founded in 1942, producing textile and steel cord belts for mining, steel, and heavy industrial customers in Latin America, now a Michelin Group subsidiary rebranding to Fenner Brasil in 2026.
- Company typePrivate
- Founded1942
- HeadquartersSão Paulo, Brazil
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Conveybelts does
Conveybelts (legal name Conveybelts Produtos Industriais Ltda, also doing business as CVB and ConVeyBelts) is a Brazilian industrial conveyor belt manufacturer founded in 1942 in São Paulo, currently employing 51-100 people and serving the mining, steel, and heavy industrial sectors across Latin America. The company's core product portfolio comprises three categories of conveyor belts: UsFlex® ultra-strong textile belts (Fenner-licensed, for primary and secondary crusher applications), textile belts in EP and NN constructions for long-distance and elevated transport, and premium steel cord (ST) belts introduced in 1976 as the world's first reinforced steel cable belt for material handling. Complementary offerings include splicing materials, rubber cover compounds engineered for abrasion, flame, chemical, cut-impact, oil, and temperature resistance, and advanced monitoring/diagnostic systems branded Eagle Eye Advanced (steel cord condition monitoring and tear detection) and Rip Ranger (incident alert technology with 1000-point real-time diagnostics). The business operates a project-based quotation model selling hardware to enterprise customers, complemented by recurring diagnostic services including steel cord scanning, X-ray inspections, cover wear surveys, and 24/7 engineering support, with a publicly available Total Cost of Ownership (TCO) calculator to support buyer lifecycle cost evaluation.
The company is privately held as a wholly-owned subsidiary of the Michelin Group following Michelin's 2025 acquisition from Teak Capital Corporation and Solina Global Corporation, and is licensed to manufacture Fenner-branded products including UsFlex, ABR20, and Serie X. Conveybelts sells direct to enterprise customers via a field sales motion with multilingual support (Portuguese, Spanish, English), targeting Tier-1 operators such as Vale, Samarco, Anglo American, Mineracao Rio do Norte (mining), ArcelorMittal, Usiminas, CSN, Ternium, and ThyssenKrupp (steel), as well as logistics and industrial operators including Porto Sudeste and Tecnometal. The company holds ISO 9001:2015 and ISO 14001:2015 certifications and is in the midst of a major strategic transition: construction of a new 19,000 m² headquarters and manufacturing facility in Guarulhos (SP) delivering 40% expanded production capacity, scheduled to come online late 2025 to early 2026, at which point Conveybelts will officially rebrand to Fenner Brasil, marking Fenner's formal entry into the world's second-largest mining market.
Conveybelts firmographics
Firmographics- Name
- Conveybelts
- Legal name
- Conveybelts Produtos Industriais Ltda
- Website
- https://conveybelts.com
- Company type
- Private
- Founded year
- 1942
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Conveybelts is a Brazilian conveyor belt manufacturer founded in 1942, producing textile and steel cord belts for mining, steel, and heavy industrial customers in Latin America, now a Michelin Group subsidiary rebranding to Fenner Brasil in 2026.
- Ownership category
- akta.pro rank
Conveybelts industry classification
Industry- Product category
- Industrial Conveyor Belts
- NAICS
- Rubber and Plastics Hoses and Belting Manufacturing (326220)
- akta.pro primary industry
- Industrial Belting (Conveyor, Power Transmission) (IMANALAB)
Keywords
Where Conveybelts is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Conveybelts business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Conveyor Belt Sales: Sale of industrial conveyor belts including textile belts (EP, NN) and steel cable belts (ST), along with splice materials and cover compounds. Product sales to mining, steel, and industrial companies.
- Diagnostic and Monitoring Services: Belt monitoring and diagnostic services including Rip Ranger, Eagle Eye, X-ray inspections, and cover wear surveys. Includes 24/7 support with dedicated diagnostic engineers and post-sale service.
- Premium Product Portfolio: Fenner premium product line including exclusive technologies (ABR20, Eagle Eye, USFlex, Serie X) with superior durability and return on investment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Project-based quotation for industrial conveyor belts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Conveybelts product offering
Product offeringCore offering
Conveybelts (legal entity Conveybelts Produtos Industriais Ltda) manufactures industrial conveyor belts with textile (NN, EP) and steel cord (ST) carcasses, serving mining, steel, and heavy industrial operators in Latin America. The portfolio includes the Fenner-licensed UsFlex® heavy-duty line, premium steel cord belts introduced since 1976, splicing materials, and rubber cover compounds. The company complements physical belt sales with belt diagnostics, monitoring systems (Eagle Eye Advanced, Rip Ranger), and a Total Cost of Ownership (TCO) calculator. Operating since 1942, the company is now wholly owned by the Michelin Group and rebranding to Fenner Brasil in January 2026.
Product overview
Conveybelts (trading as Fenner Conveyor Belting Brazil) is a manufacturer of industrial conveyor belts and related products. The portfolio consists of three core belt categories: UsFlex® heavy-duty belts (Fenner-licensed), textile belts (NN and EP types), and premium steel cord belts (ST) as the flagship line. These are complemented by belt monitoring systems (Eagle Eye® and Rip Ranger®), splicing materials, and specialized rubber cover compounds. The company also provides diagnostic services and a TCO calculator for lifecycle cost analysis. Founded in São Paulo since 1942 and now part of the Michelin Group, Conveybelts/Fenner Brasil serves the mining, steel, and materials handling industries in Latin America.
Differentiator
Problem solved
Functional benefit
Brands
- UsFlex: Super-resistant conveyor belt product line, Fenner licensed.
- Eagle Eye
- Rip Ranger
Products and services
- UsFlex® Ultra-resilient heavy-duty conveyor belts designed for primary and secondary crusher applications, Fenner-licensed for industrial and mining operators in Latin America.
- Correias NN Nylon-nylon textile conveyor belts with high tension resistance, used in long-distance transport and large elevation applications. Manufactured in Brazil.
- Correias EP Textile conveyor belts built on decades of operating experience across diverse global applications, offering high market knowledge and quality standards. Manufactured in Brazil.
- Correias com Cabos de Aço ST Premium steel cord conveyor belts first introduced in 1976 as the world's first reinforced steel cable belt, marketed as the company's flagship premium global product for material handling industries.
- Material de Emenda (Splicing Materials) Splicing materials formulated for each compound type, providing optimal adhesion to support stresses in conveyor belt joints and ensuring proper belt joint functionality.
- Eagle Eye Advanced Advanced conveyor belt monitoring system combining steel cord condition monitoring and tear detection, providing 24/7 protection through seamless integration with conveyor control systems and on-demand access to belt condition data with historical trend analysis.
- Rip Ranger Incident alert technology that reduces tear damage extent and cost by shutting down the conveyor when a tear is detected, with real-time diagnostics reading up to 1000 equidistant points.
- Diagnostic Services Comprehensive belt monitoring services including steel cord scanner with splice analysis, cover wear surveys, X-ray services for hidden damage detection, and a 24/7 dedicated diagnostic engineering team.
- Cobertura Compounds (Cover Compounds) Rubber cover compounds developed for severe field applications including abrasion, flame resistance, rolling resistance, coal and chemical resistance, cut and impact resistance, oil resistance, and temperature resistance.
Quantifiable outcome
- 40% production capacity increase planned
- +2 more outcomes
Companies that use Conveybelts
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Conveybelts technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Conveybelts partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Michelin GroupflagshipMichelin Group acquired ConVeyBelts (CVB Produtos Industriais Ltda) from Teak Capital Corporation and Solina Global Corporation. The company is now part of Michelin along with Fenner, combining forces to bring the most innovative conveyor belts with best cost-benefit and performance to the Latin American market. Starting January 2026, CVB will officially become Fenner Brasil, marking Fenner's official entry into the world's second largest mining market.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
Conveybelts competitors and assessment
Company assessmentBroad incumbents
- Continental ContiTech: Global conveyor belt manufacturer within Continental's industrial rubber portfolio. Competes with Conveybelts/Fenner Brasil for multinational mining and bulk material handling customers across Latin America.
- Metso: Supplier of bulk material handling systems including conveyors. While primarily a systems integrator, Metso competes for the same mining customer wallet and increasingly offers conveyor belt services.
- Trelleborg AB: Industrial polymer solutions provider with rubber products serving mining, ports, and heavy industry. A broader incumbent with overlapping industrial rubber capabilities including specialized conveyor components.
- TAKRAF (Tschuda Group): Provider of bulk material handling systems including belt conveyors, feeders, and stacker-reclaimers for mining. Adjacent competitor where Conveybelts' belt products integrate into TAKRAF systems.
- Bridgestone Conveyor Belts: Major multinational conveyor belt manufacturer serving mining and industrial markets globally. A relevant incumbent competitor for high-value mining tenders that Conveybelts targets.
Direct peers
- Sempertrans (Sempertit Group): Dedicated conveyor belt manufacturer specializing in textile and steel cord belts for mining and heavy industry. Directly comparable in product mix, customer verticals, and global mining market focus.
- Fenner Dunlop (Michelin Group): Direct parent-brand peer and conveyor belt manufacturer under Michelin Group. Conveybelts is being rebranded to Fenner Brasil in 2026, making Fenner Dunlop its closest corporate and product-line peer globally.
- Dunlop Conveyor Belting: Manufacturer of industrial conveyor belts serving mining, ports, and bulk handling. A direct product peer competing in the same heavy-duty steel cord and textile belt categories.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Conveybelts social profiles
Digital presenceConveybelts compliance and trust
Trust signalCompliance2 records
Conveybelts financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conveybelts leadership team
Management profileNumber of profiles
Conveybelts funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conveybelts M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conveybelts
What does Conveybelts do?
Conveybelts (legal entity Conveybelts Produtos Industriais Ltda) manufactures industrial conveyor belts with textile (NN, EP) and steel cord (ST) carcasses, serving mining, steel, and heavy industrial operators in Latin America. The portfolio includes the Fenner-licensed UsFlex® heavy-duty line, premium steel cord belts introduced since 1976, splicing materials, and rubber cover compounds. The company complements physical belt sales with belt diagnostics, monitoring systems (Eagle Eye Advanced, Rip Ranger), and a Total Cost of Ownership (TCO) calculator. Operating since 1942, the company is now wholly owned by the Michelin Group and rebranding to Fenner Brasil in January 2026.
Is Conveybelts a public or private company?
Conveybelts is a private company. It is classified as corporate owned and is currently operating.
When was Conveybelts founded?
Conveybelts was founded in 1942. It employs 51 to 100 people.
Where is Conveybelts based?
Conveybelts is headquartered in São Paulo, Brazil, in the Latin America region.
How does Conveybelts make money?
Three revenue lines are on record. Conveyor Belt Sales are the primary driver. The others are diagnostic and Monitoring Services and premium Product Portfolio.
Who are Conveybelts's main competitors?
Broad incumbents on record are Continental ContiTech, Metso, Trelleborg AB, TAKRAF (Tschuda Group) and Bridgestone Conveyor Belts. Direct peers are Sempertrans (Sempertit Group), Fenner Dunlop (Michelin Group) and Dunlop Conveyor Belting.
Does Conveybelts have an API?
No public API is recorded for Conveybelts.
What industry is Conveybelts in?
Conveybelts's product category is Industrial Conveyor Belts. Its primary akta.pro industry code is IMANALAB, Industrial Belting (Conveyor, Power Transmission). Its NAICS code is 326220.