Crushing and screening equipment manufacturer Propel Industries, which is part of the 300 million pounds AV Group in Tamil Nadu, has acquired a major stake in Ireland-based Omega crushing and screening for an undisclosed amount.
This strategic partnership aims to deliver innovative and sustainable solutions to the global crushing and screening market.
Propel and Omega will combine their strengths to enhance product development and introduce advanced crushing and screening solutions. Both companies will integrate eco-friendly practices in their manufacturing processes, contributing to a greener future.
“We are thrilled to join hands with Omega in this strategic partnership. This collaboration marks a significant milestone for us as we combine our strengths to drive innovation and growth in the global crushing and screening industry,” said Senthil Kumar Varadharajan, Managing Director of Propel Industries.
The partnership will leverage advanced manufacturing facilities in both regions, ensuring high-quality production and efficient distribution. The collaboration will focus on developing new products incorporating the latest technologies in crushing and screening, including eco-friendly and energy-efficient solutions.
Colin Daly, Sales Director of Omega Crushing and Screening, expressed confidence in the partnership’s potential to deliver exceptional value to customers worldwide. “By working closely with Propel, we are confident in our ability to enhance our product offerings and expand our global footprint.”
The extensive distribution networks of Propel and Omega will expand market reach, facilitate better access to emerging markets, and strengthen their presence in established ones. Omega’s Northern Ireland facility will serve as a parts hub for both brands in the European and American markets, ensuring reliable maintenance and quick access to replacement parts.
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