USA: TAKRAF acquires bulk handling company

USA: TAKRAF acquires bulk handling company
17 January 2017

Global mining and bulk material handling equipment supplier, TAKRAF, has acquired the assets of FMC Technologies' Material Handling Systems (FMC MHS) business unit based in Lansdale, Pennsylvania, USA.

For over 100 years, FMC MHS has provided systems expertise by engineering, procuring, and construction assistance of complete material handling systems for a variety of industries, including mining, minerals, power and food. It also provides a line of proprietary equipment for rotary drying and cooling of various materials. FMC MHS markets on a global scale with installations worldwide including US, Canada, Chile, China, India and Australia.

"This acquisition brings with it a number of advantages that we seek to leverage. We identified a need to add to our equipment portfolio and this opportunity enables us to realise our strategic goals – to strengthen our position in the lighter material handling business and reinforce our growth strategy," says Dr Frank Hubrich, CEO of TAKRAF, "FMC MHS's product portfolio is complementary to TAKRAF’s and now enables the company to provide a range of equipment catering also to smaller volumes and integrated in-plant conveyor solutions."

The business unit is being integrated into TAKRAF’s USA business, located in Denver (CO), and will retain its office presence in Lansdale.

Published under Cement News

Tagged Under: USA Acquisition TAKRAF