FOR IMMEDIATE RELEASE Contact: Evan Himelfarb M-L Holdings Company 410-242-6500 ext. 4260 ehimelfarb@mcclung-logan.com
Joachim Hirtenfellner Komptech GmbH +43 3126 505-550 j.hirtenfellner@komptech.com
M-L HOLDINGS COMPANY ACQUIRES NORTH AMERICAN DISTRIBUTION FROM KOMPTECH USA DENVER (USA)/FROHNLEITEN (AUT), MAY 5, 2014 – M-L Holdings Company has announced the purchase of assets from Komptech USA which includes the acquisition of all North American distribution rights. The agreement is consistent with M-L Holdings’ strategy to grow organically and through strategic acquisitions with a strong focus towards reinvestment. Komptech USA, a subsidiary of Komptech GmbH, is a leading international technology supplier of machinery and systems for the mechanical and mechanical-biological treatment of solid waste and for the treatment of biomass as a renewable energy source. With over 30 different types of machines in various performance classes, Komptech covers all the essential process steps in waste treatment and biomass including, shredding, screening, separating and composting. All Komptech machines are built with demanding, long-term service in mind. Careful manufacturing, top-quality materials and components, and rigorous corrosion protection help to ensure reliable operation. M-L Holdings is a privately held investment company with a portfolio of seven businesses across nine states consisting of heavy construction distributors, operated crane and rental services and related equipment operations. This broad industry expertise and wide geographic footprint positions M-L Holdings for future growth and the creation of long-term value. M-L Holdings subsidiaries, Power Screening, LLC, and Power Equipment Company have been Komptech dealers since 2010. This partnership helped lay the foundation for an agreement and the level of commitment and strong working relationship between the two companies were important factors in the deal.
"The partnership with M-L gives us great confidence in developing our most important market even better," quotes Josef Heissenberger, CEO of the Komptech Group, headquartered in Frohnleiten, Austria. With M-L Holdings’ broad distribution capabilities, the company will be able to increase the availability of a higher quality, environmentally friendly product to the North American marketplace. M-L Holdings will put in place plans to grow the current dealer network throughout the U.S. and Canada. As a world leader in waste treatment machinery, Komptech equipment is designed for efficiency, durability and peak performance. Whether the jobsite is permanent or mobile, customers can rely on Komptech equipment to get the job done with precision. M-L Holdings and Komptech share a common philosophy to provide their customers with technology for a better environment and efficiency features that drive performance. Through this agreement, M-L holdings is well positioned to expand the dealer base and deliver solutions for their customer’s applications through efficient parts, service and product support channels.
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