Tenova Takraf Acquires FMC Technologies MHS

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, PA.

For over 100 years, FMC MHS has been a global leader in providing material handling solutions to a variety of industries including mining, minerals, power, and food. The business provides systems expertise by engineering, procuring, and construction assistance of complete material handling systems for its customers. It also provides a line of proprietary equipment for rotary drying and cooling of various materials.

From large power generating stations to above-ground mining and material processing plants, FMC MHS is known for its engineering solutions. FMC MHS markets on a global scale with installations worldwide including U.S., 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 realize our strategic goals – to strengthen our position in the lighter material handling business and reinforce our growth strategy,” said 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 U.S. business, located in Denver, and will retain its office presence in Lansdale.

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