# GRYB acquires Two Harbors Machine Shop and Serco loader line

GRYB International has acquired Two Harbors Machine Shop (THMS) and the Serco loaders line from the Coolidge and Searson families, effective December 1, 2020. The acquisition strengthens GRYB's presence in the USA and expands its product line in mining, forestry, and material handling.

- Type: Acquisition
- Announced: 2020-12-03
- Where: Two Harbors, Minnesota, United States
- Status: completed
- Products: Serco loaders, machining and fabricating services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [GRYB International](https://endata.com/companies/51633.md) (acquirer)
- [Two Harbors Machine Shop](https://endata.com/companies/51634.md) (target)

## Sources

- [equipmentjournal.com](https://www.equipmentjournal.com/construction-news/gryb-acquires-two-harbors-machine-shop-and-serco-loader-line/), 2020-12-03: "We saw ourselves in TMHS and Serco loaders. They had the same core values so we see it as an honour to continue building their legacy."

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