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.
Supplies and maintains a comprehensive range of lifting and safety equipment, serving customers in a variety of industry sectors. Has secured a multitude of approvals and accreditations, including ISO 9001 and ISO 14001 certification.
LEASEHOLD
An award-winning town planning consultancy operating for over five years. Offers a range of services including planning applications, planning appeals and general planning consultancy solutions.
LEASEHOLD
Construction consultancy specialising in Quantity Surveying Cost Consultancy Project Management Employer's Agency Contract Administration & Construction Design & Management (CDM) services.
|
22
|
|
Oct
|
96,000 sq. ft. Aberdeen office block up for sale for £19.5m | COMMERCIAL PROPERTY
Real estate and investment manager APAM Ltd has put the 96,0...
|
21
|
|
Oct
|
Firm behind unfinished £45m Liverpool student accommodation project collapses | ADMINISTRATION
Mount Group Student NatEx Ltd, the company behind the £...
|
21
|
|
Oct
|
Food importer acquired out of administration after succumbing to COVID and Brexit | BUSINESS SALE
Hull-based dried fruit and nuts importer Hider Foods has bee...
Sign up to receive our acquisition alert emails to get your FREE guide
|
22
|
|
Oct
|
96,000 sq. ft. Aberdeen office block up for sale for £19.5m | COMMERCIAL PROPERTY
Real estate and investment manager APAM Ltd has put the 96,0...
|
21
|
|
Oct
|
Picturesque £300k-turnover Somerset pub hits the market | COMMERCIAL PROPERTY
A pub in the Somerset village of Kingsbury Episcopi has been...
|
21
|
|
Oct
|
Food importer acquired out of administration after succumbing to COVID and Brexit | BUSINESS SALE
Hull-based dried fruit and nuts importer Hider Foods has bee...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources