Gates Industrial Corporation plc (NYSE:GTES) is seeking acquisitions. Ivo Jurek, Chief Executive Officer said during the Morgan Stanley Virtual 9th Annual Laguna Conference, "We remain very excited by the opportunities that we have to invest organically. We believe in the organic growth has probably the lowest cost, highest return growth. But clearly, M&A now becomes a much better option for us as well. We are participating in a highly fragmented end markets. And that gives you the opportunity to go out and do some more bolt-on type acquisitions that we certainly have a very good pipeline of opportunities with".