Subscribe to our free, weekly email newsletter!


FMC Technologies announces intent to divest Its material handling business to Syntron

FMC Technologies announced today a definitive agreement to divest its material handling products business to Syntron Material Handling,an affiliate of Levine Leichtman Capital Partners Private Capital Solutions.
March 21, 2014

FMC Technologies announced today a definitive agreement to divest its material handling products business to Syntron Material Handling,an affiliate of Levine Leichtman Capital Partners Private Capital Solutions. This transaction, requiring customary regulatory approvals, is expected to be completed early in the second quarter.

The material handling business, part of FMC Technologies’ Energy Infrastructure segment, has a long history of providing bulk material handling solutions to industries worldwide. The business—which is headquartered in Tupelo, Mississippi, and has operations in Changshu, China and Salt Lake City, Utah, and sales personnel in Germany, Mexico, Singapore and Canada—manufactures a diversified product line of conveyor and vibratory equipment used to load, transport and feed bulk materials.

FMC Technologies will retain its engineering, procurement, and construction (EPC) systems business supplying material handling systems and equipment to various industries around the world. It is headquartered in Chalfont, Pennsylvania, and has a sales office in Santiago, Chile.

About the Author

Modern Materials Handling Staff

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Despite advances in process automation, vital business processes consisting of data-driven tasks such as collecting, reviewing, and inputting information still exist in most organizations. These tasks are mundane, repetitive and... okay, boring.

Pressure-senstitive labeling machinery company expands Accraply's products and markets.

The new tire handling systems group will offer a variety of services including design engineering, project management, site supervision, controls, software, automated storage and retrieval, and custom manufacturing solutions specific to the tire industry.

New facility to house more than 300 engineers, project managers, sales, customer service and administrative staff.

Material handling parts distributor acquires Mid-Atlantic industrial safety distributor.



© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA