McLanahan grows equipment line with Anaconda purchase

US-based McLanahan Corp has inked a deal to acquire Anaconda Equipment and its line of mobile tracked equipment
McLanahan grows equipment line with Anaconda purchase McLanahan grows equipment line with Anaconda purchase McLanahan grows equipment line with Anaconda purchase McLanahan grows equipment line with Anaconda purchase McLanahan grows equipment line with Anaconda purchase

Sean McLanahan and Alistair Forsyth shake on the deal

Founded in 2008 by Alistair Forsyth and Martin Quinn, Anaconda, which is based in Northern Ireland, produces scalping, screening, recycling and conveying equipment for aggregate and mining operations. Its products are sold through a global dealer network which spans 50 countries across six continents.

The companies began a sales and distribution partnership in 2017 and said that, as the relationship between the two companies progressed, it became clear that their values and business styles were closely aligned. Anaconda will officially join McLanahan Corp's group of companies upon legal closing within the next 30 to 60 days.

"We looked into growing our line of track equipment in several different ways," said Sean McLanahan, CEO of McLanahan Corp. "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."

Anaconda will continue to operate in the marketplace as an independent brand. Its dealer network will remain and continue to support Anaconda customers around the globe. Alistair Forsyth will also remain with the company as group president and managing director.

He commented: "We've 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 also see equipment line growth, 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.