Products & Equipment
Terex MP acquires MDS, plans to keep it as a standalone brand
By Rock to Road Staff
By Rock to Road Staff
Terex Materials Processing (MP), a global materials processing equipment firm, has purchased MDS International.
MDS, a manufacturer of heavy duty and recycling trommels, apron feeders and conveyor systems, is based in Ireland.
Quarter century of history
MDS was founded in 1995 by Liam and Una Murray, with a vision to design and develop engineering solutions to industry.
Over the past 25 years MDS has built a skilled work force along with global distribution partners, and has a reputation for innovation, offering bespoke solutions to serve client needs with equipment that can withstand the harshest of environments, Terex MP said in a press release.
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. Trommels from MDS are heavy duty trommels that will enable expansion into areas of the market that Terex MP does not currently serve.
Additionally, Terex MP expects strong commercial synergies from this deal, as several Terex MP distributors already carry the MDS line, while others will be new to Terex, offering the potential to develop new channel partner relationships.
Facility in Ireland
MDS’ 34,000 square foot facility will be the first Terex location in the Ireland, which diversifies its footprint and provides access to a new labour pool.
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. The MDS facility and its highly skilled team members will be led by Conor Hegarty, general manager and business line director.
Previously, Conor held the position of International Sales Director for Terex Ecotec, and his commercial background and product knowledge will be an asset as he takes leadership responsibility for MDS.
MDS: A standalone brand
MDS will remain a standalone brand along with Terex MP’s Crushing and Screening businesses including Powerscreen, Terex Finlay and EvoQuip. Terex MP will build on the momentum of MDS International’s long-standing reputation, continuing to develop the brand, its product portfolio and its distribution channels.
“The addition of MDS to our portfolio of businesses will bolster our growth and improve our product offering,” said Pat Brian, vice-president, Mobile Crushing and Screening, at 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.”
Liam Murray, co-founder of MDS International said the company is proud of how it has grown since.
“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.”