Archiv – During last month’s annual meeting of the German steel recycling association BDSV in Düsseldorf, Germany, it was announced that Lynxs Shredder Technology of the UK had been merged on a cross-shareholding basis with a combination of the German companies 2B Consultancy and Schuler Technology and Machinery (STM).During last month’s annual meeting of the German steel recycling association BDSV in Düsseldorf, Germany, it was announced that Lynxs Shredder Technology of the UK had been merged on a cross-shareholding basis with a combination of the German companies 2B Consultancy and Schuler Technology and Machinery (STM). As announced in Düsseldorf, the deal was the result of a perceived need to merge the metals recycling machinery of STM and Lynxs, and to expand activities into more countries.
A new holding company called Lynxs Technology & Machinery has been set up; in addition, a series of new Lynxs subsidiaries will be established in several countries. Existing production plants such as the ones in Italy, the UK and The Netherlands will continue to operate and in the near future more production plants in other countries will be opened. All Lynxs’ subsidiary companies will have a dedicated staff of engineers and sales people. In addition to Lynxs’ well-known shredders, all these subsidiaries will market STM recycling machinery – including mobile and stationary hydraulic scrap shears, mobile and stationary balers, and pre-shredders.
The management of Lynxs Technology & Machinery will consist of: Tim Christian, the former owner of Lynxs Shredder Technology; Christine Schuler of STM; and Ben Kebil of 2B Consultancy. Werner Oberländer, the former shareholder and Managing Director of ORT Oberländer, the German manufacturer of hydraulic scrap shears and other recycling machinery, will be a senior consultant to Lynxs and will concentrate mainly on the development of new shears, balers, pre-shredders and heavy media and separation plants.
Lynxs’ management team is convinced that the new company will be ’better able to compete in the market and to be closer to its customers throughout the world and to respond better, faster and more efficiently to their needs’.
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