McLanahan Corp is expected to complete the acquisition of Anaconda Equipment of Northern Ireland in the next 30 to 60 days, as the processing-focused firm looks to build on a partnership that started in 2017.
For the past two-or-so years, Anaconda Equipment has distributed and sold McLanahan’s line of mobile track equipment.
Founded in 2008 by Alistair Forsyth (pictured, right) and Martin Quinn, Anaconda has spent the last decade developing its extensive range of mobile tracked equipment, according to McLanahan. The range includes scalping, screening, recycling and conveying equipment, which is sold through a global dealer network.
Ove this time, it has sold over 1,200 units into more than 50 countries across six continents. Anaconda has also expanded its operations to include a sales and distribution office in Massachusetts, in the northeastern part of the US.
McLanahan said: “Both companies pride themselves on the relationships they form with their dealers and customers, as well as the service and support they provide to the industry. Because of their alignment of core beliefs, creating a more official partnership was a clear step that would provide mutually beneficial opportunities to both companies.”
Sean McLanahan (pictured, left), CEO of McLanahan Corp, said the company had looked into growing its line of track equipment in several different ways prior to this announcement.
“When it came down to it, we saw in Anaconda a company that was well established, had great employees and dealers, and had many of the same values and business principles as we do. Adding them to our family of companies seemed like a clear fit,” he said.
While Anaconda is joining the McLanahan family of companies, it will continue to operate in the marketplace as an independent brand, according to McLanahan. Its dealer network will remain and continue to support Anaconda customers around the globe, while Forsyth will continue with the company as Group President and Managing Director.
Forsyth said the company had had a lot of offers over the years. “What I saw in McLanahan wasn’t a company that wanted to take us over, but a company that could and will help us grow. Anaconda will continue on as the brand we have always been, but we now have the backing of a company that has been in business for 184 years. They share our values and our loyalty to dealers and customers. We couldn’t be more excited about this partnership.”
Both companies will see equipment line growth, McLanahan said, as Anaconda conveyors will be a key part of McLanahan’s new line of modular wash systems, and Anaconda will be adding larger size equipment, including track-mounted crushers.
Headquartered in Pennsylvania, McLanahan has provided solutions for a variety of processing applications since 1835. Today, the family of companies now includes McLanahan Corp, Eagle Iron Works and Anaconda Equipment.