Terex Materials Processing (MP), a United Kingdom-based business unit of Connecticut-based Terex, has purchased Ireland-based MDS International, a maker of trommels, apron feeders and conveyor systems for the recycling industry.
MDS was founded in 1995 by Liam and Una Murray and offers “bespoke solutions” for customers who need equipment that can withstand the harshest of environments, according to the firm. On its website, MDS lists aggregates recycling, mixed C&D materials and wood recycling as applications for its trommels.
“The addition of MDS to our portfolio of businesses will bolster our growth and improve our product offering,” states Pat Brian, vice president of mobile crushing and screening with Terex MP. “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.”
Comments Liam Murray, “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 develop 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.”
This acquisition supports Terex MP’s growth strategy to expand its offering in the crushing and screening and environmental industries with products that complement the existing portfolio, says the company. Terex MP says it “expects strong commercial synergies” from the deal, as several Terex MP distributors already carry the MDS line while others will be new to Terex, offering the potential to develop new 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, says the company. Additionally, the facility is within a short driving distance to the Terex Dungannon and Omagh sites in Northern Ireland in the U.K., “providing ready access to Terex MP’s Northern Irish team and enabling close coordination with the resources at these facilities.”
The MDS facility will be led by Conor Hegarty, general manager and business line director. Previously, Conor held the position of International Sales Director for Terex Ecotec.
MDS will remain a standalone brand along with Terex MP’s Crushing and Screening businesses including Powerscreen, Terex Finlay and EvoQuip, says the firm.