Terex Materials Processing has purchased MDS International, a manufacturer of heavy-duty and recycling trommels, apron feeders, and conveyor systems, based in Ireland.
According to Terex MP, the acquisition supports its growth strategy to expand its offering in the crushing and screening and environmental industries with products that complement the existing portfolio. Trommels from MDS are heavy-duty trommels that will enable expansion into areas Terex MP does not currently serve.
According to the company, the move brings “strong commercial synergies” as several Terex MP distributors already carry the MDS line. Others will be new to Terex, offering the potential to develop new channel partner relationships.
MDS’ 34,000-square-foot facility will be the first Terex location in the Republic of Ireland, which diversifies its footprint and provides access to a new labor pool, according to the company. Additionally, the facility is within a short driving distance to the Terex Dungannon and Omagh sites, providing ready access to Terex MP’s Northern Irish team and enabling close coordination with the resources at these facilities.
MDS will remain a standalone brand along with Terex MP’s Crushing and Screening businesses including Powerscreen, Terex Finlay, and EvoQuip.
In a prepared statement, Pat Brian, VP, Mobile Crushing and Screening, Terex MP, said:
“The addition of MDS to our portfolio of businesses will bolster our growth and improve our product offering. The business has been well managed, is on a terrific growth trajectory, and its heavy duty trommels address a gap in our own product lines while also having a lot of synergy with what we already manufacture and distribute.”
Said Liam Murray, co-founder of MDS, in a statement:
“I am so proud of how MDS has grown over the past 25 years—to have a multinational company like Terex interested in our business is a testament to what we have achieved. MDS will now have the global resources of Terex to devel-op and grow it to new levels; I feel this is the right move for our business and team. This sale will also bring new levels of support to customers and dealers worldwide. I will always care deeply for our MDS family and will remain on board for a period of time, in order to support a smooth transition to Terex ownership.”
Source Terex MP
