Tenova Takraf acquires FMC MHS
Published by Rebecca Bowden,
Tenova Takraf has announced that it has recently acquired the assets of FMC Technologies’ Material Handling Systems business units, based in Lansdale, Pennsylvania.
FMC MHS provides systems expertise by engineering, procuring and providing construction assistance for complete material handling systems for its customers. It also provides a line of proprietary equipment for rotary drying and cooling of various materials.
The business unit is being integrated into Takraf’s USA business, located in Denver, CO, and will retain its office presence in Lansdale.
“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.”
Read the article online at: https://www.worldcement.com/the-americas/17012017/tenova-takraf-acquires-fmc-mhs/
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