Husqvarna buys floor saws

Premium Content
Lindsay Gale

15 April 2008

Husqvarna has announced the acquisition of US concrete saw producer Meco (Masterpiece Engineering Company) based in Phoenix, Arizona. The deal, the terms of which were not disclosed, should be finalised by the end of this month.

Meco produces floor saws used for cutting concrete and asphalt surfaces, primarily for road construction and repair. It has annual sales of Euro 14.5 million (US$9 million), predominantly in its home marketplace.

In a statement, Husqvarna’s head of construction products Anders Stroby said: “Meco has a strong position in the USA and Australia. Synergies will be achieved with existing operations in terms of production and distribution. In addition, Husqvarna manufacturers diamond blades that are consumed by these floor saws, which will contribute to higher sales in this product area.”
Latest News
Steelwrist relocates South Korean operations to Seoul
New facility opened as company prepares to further develop tiltrotator market in the country
Collard Group acquires 40-acre recycling facility in Hampshire, UK
Will reopen site for construction and demolition waste and soil recycling
Kobelco to build new Japan production facility
New production, testing and evaluation base to be established in Kato City
CONNECT WITH THE TEAM
Neel Madsen
Neel Madsen Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Peter Collinson VP Sales Tel: +44 (0) 1892 786220 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA