# Tenova TAKRAF acquires FMC Technologies' Material Handling Systems business

TAKRAF, a global mining and bulk material handling equipment supplier, acquired the assets of FMC Technologies' Material Handling Systems (FMC MHS) business unit based in Lansdale, Pennsylvania, USA. FMC MHS provides material handling solutions to mining, minerals, power and food industries.

- Type: Acquisition
- Announced: 2017-01-17
- Where: Lansdale, Pennsylvania, United States
- Status: completed
- Products: material handling systems, rotary drying and cooling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [FMC Technologies](https://endata.com/companies/476.md) (target)
- [TAKRAF GmbH](https://endata.com/companies/17777.md) (acquirer)

## Sources

- [takraf.com](https://www.takraf.com/newsroom/news/detail/tenova-takraf-acquires-specialized-us-based-company/), 2017-01-17: "Global mining and bulk material handling equipment supplier, TAKRAF, is pleased to announce that it has recently acquired the assets of FMC Technologies’ (NYSE: FTI) Material Handling Systems (FMC MHS) business unit based in Lansdale, Pennsylvania, USA."
- [mining-technology.com](https://www.mining-technology.com/news/newsdeals-this-week-takraf-gmbh-x-terra-resources-eureka-resources-5720969/), 2017-01-19: "TAKRAF, a German manufacturer of open-cast mining and material handling equipment, has acquired FMC Technologies’ material handling systems business unit’s assets in Lansdale, Pennsylvania, US."
- [im-mining.com](https://im-mining.com/2017/01/20/takraf-buys-fmc-material-handling-systems/), 2017-01-20: "This acquisition brings with it a number of advantages that we seek to leverage."

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