SOLID FUELS TEREX acquires CBI, expands environmental business CONNECTICUT BASED TEREX MATERIALS Processing, a business segment of lifting and material handling solutions company Terex Corporation and Continental Biomass Industries, Inc. (CBI) have announced the acquisition of the assets of CBI by Terex, marking a significant expansion of the Terex Environmental Equipment (TEE) product line. TEE, part of Terex Materials Processing, has been serving the forest, biomass and recycling industries since 2011 and the acquisition of CBI’s business, in operation since 1988, significantly advances the product line while adding dimensions to the TEE business that would otherwise have taken years to develop. The acquisition also adds customisation and specialty product capabilities that enable TEE to serve even the most demanding requirements of customers worldwide. – Wood processing, biomass fuel production, and recycling are strong and growing industries that are driven by increasing global demand for environmentally responsible solutions to waste disposal and alternative energy. We see a real opportunity to bring value to these industries by providing equipment that combines the know-how of CBI and TEE with our existing Materials Processing expertise, said Kieran Hegarty, President of Terex Materials Processing. Terex Environmental Equipment will serve customers via three distinct but collaborative sales and support channels: – The CBI brand will be maintained as a Terex brand within the portfolio and will serve the highcapacity, full-feature needs of recycling, wood processing and biomass customers, including customengineered DĂƌŬĞƚͲůĞĂĚŝŶŐ/ŶĚƵƐƚƌLJĂŶĚDŽďŝůĞŝŽŵĂƐƐ^ŽůƵƟŽŶƐ Zh<^ĚĞůŝǀĞƌŵĂƌŬĞƚͲůĞĂĚŝŶŐƐŽůƵƟŽŶƐĨŽƌƐĞǀĞƌĂůŝŶĚƵƐƚƌŝĞƐ͕ŝŶĐůƵĚŝŶŐŝŽĞŶĞƌŐLJ͕ŝŽĨƵĞůƐ͕ŽĂƌĚ͕^ĂǁŵŝůůƐ͕WƵůƉΘ WĂƉĞƌĂŶĚƵůŬ,ĂŶĚůŝŶŐ͘ŽŵĞĂŶĚŵĞĞƚƵƐĂƚůŵŝĂǁŚĞƌĞƌƵŬƐDŽďŝůĞĂƌĞŝŶƚƌŽĚƵĐŝŶŐƚŚĞλκκπDŽďŝůĞŚŝƉƉĞƌ͘ Industry ͻ ĸĞĐŝĞŶƚƐŽůƵƟŽŶƐĨŽƌŚŝŐŚĐĂƉĂĐŝƚLJ ͻ WƌŽǀĞŶƚĞĐŚŶŽůŽŐLJ ͻ ƵƐƚŽŵŝƐĞĚƐŽůƵƟŽŶƐ 44 Bioenergy Internat ional No 79, 3-2015 Mobile ͻ DĂdžŝŵƵŵƉƌŽĚƵĐƟŽŶƵƉƟŵĞ ͻ ^ƵƉĞƌŝŽƌĂŶĚĞǀĞŶĐŚŝƉƋƵĂůŝƚLJ ͻ džƚƌĞŵĞůLJŚŝŐŚƉƌŽĚƵĐƟŽŶĐĂƉĂĐŝƚLJ Booth 949 Would You like to know more? WůĞĂƐĞĐŽŶƚĂĐƚŽŶĞŽĨŽƵƌŽĸĐĞƐ͗^ǁĞĚĞŶнξπμρςπξμοκκͻ'ĞƌŵĂŶLJнξσμππλμςκͻh^нλρρκςξσκλκκŽƌǀŝƐŝƚƵƐĂƚZh<^͘KD or Zh<^DK/>͘KD The BRUKS Group: Zh<^ͻZh<^<ůƂĐŬŶĞƌ'ŵď,ͻZh<^ZŽĐŬǁŽŽĚ/ŶĐ͘ Zh<^ĞůůƚĞĐͻZh<^'sͻZh<^ZŽƚŽŵͻZh<^͘KD solutions, where appropriate and will be represented by a direct CBI sales force, who will work in collaboration with TEE and other Terex distribution. – The Terex Eco product range will address mid-range recycling and wood processing needs for turnkey mobile solutions and primarily sold by a network of specialised distributors. – The Terex Arborist line will include hand-fed chippers and other smaller equipment primarily used by tree-care specialists, utility line maintenance, and construction/ landscaping contractors. Terex Arborist equipment will be sold direct to large fleet owners and to smaller customers via a network of tree-care specific dealers. BI79/4856/AS – Terex is the perfect partner to take the CBI brand to the next level, combining Terex’s global talet and well-established distribution channels with CBI’s strong product development, service and custom design and build capabilities, said Anders Ragnarsson, owner and founder of CBI and who will continue as the Managing Director of the CBI product line.
Bioenergy no 3 May 2015
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