# MMD Group to acquire TraxIQ IP rights from Anglo American

UK-based MMD Group has signed an agreement to acquire the intellectual property rights for TraxIQ, a comprehensive material handling solution initially developed by Anglo American.

- Type: Acquisition
- Announced: 2026-04-17
- Where: Isle of Man, United Kingdom
- Status: announced
- Products: material handling solution, modular vehicle structures, autonomous control systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Anglo American](https://endata.com/companies/15317.md) (target)
- [MMD](https://endata.com/companies/27200.md) (acquirer)

## Sources

- [en.gzxcmg.com](http://en.gzxcmg.com/news_1/2045027003943092224.html), 2026-04-17: "TraxIQ forms a core component of our intelligent movement portfolio."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.