Thu, 05 Jul 2018 | BUSINESS SALE
UK’s largest independent construction equipment supplier has acquired Finlay Plant (UK) and its Finlay Group subsidiary and associated companies. The Warrington based equipment supplier has secured full distribution rights for the complete range of Terex Finlay mobile crushing, screening and conveying equipment for England, Wales and the Channel Islands for an undisclosed amount.
Finlay Group managing director David Statham said: “For almost 50 years the Finlay Group reputation has been built on the diligence of our people and their respect for our customers. Molson Group is also highly respected and there are clear synergies between our organisations for our mutual customers. I’m very excited for the future direction and the growth expectations for both businesses.”
The sales, hire and service organisations are to remain largely unchanged.
Molson managing director Robin Powell said: “We are delighted to have acquired the Finlay Group and look forward to welcoming their experienced team into our Molson organisation. The success of the Finlay Group has been built upon a customer-centric philosophy to provide innovative products and solutions to the market. Their commitment and dedication to exceptional customer service directly correlates with our own culture and we are delighted that they have joined our team.”
Key resources have already been added to enhance the regional operations of Finlay Group. Aftermarket support will continue to be provided by Sure Equipment.
Terex Materials Processing president Kieran Hegarty said: “This acquisition allows us to strengthen our relationship with this vibrant and progressive business. Terex’s continued success significantly relies on working in partnership with professional and customer focused dealers. Molson have proved to be just that in the past and we look forward to growing with them in the future. We are particularly excited with the benefits that this acquisition will bring, both for our customers in England and Wales and for our business.”
The first mobile screening unit to the UK was introduced by John Finlay to UK and Irish markets in 1961. Terex Corp acquired the company in 1999 as part of Powerscreen International.
Opportunity to acquire a well-established construction business with a strong presence in the Midlands and both the North & South West of England, with nationwide operations.
This business provides comprehensive groundworks services to prestigious clients across the UK, offering a seamless turnkey solution.
A well-established and experienced civil engineering sub-contractor, with an experienced workforce, an active client base, and a healthy financial profile.
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