Molson completes third US acquisition

EQUIPMENT dealer Molson Group has announced an expansion of its US presence with the acquisition of Powerscreen Western.

The move grows Molson’s coverage of the western US to now include the state of Arizona and follows the acquisitions of Powerscreen of California, in April 2022 and, shortly afterwards of Powerscreen of Washington. In total, the group now has ‘substantial’ coverage across nine US states with further acquisitions expected to follow.

Powerscreen Western offers a range of brands, predominately from materials processing equipment manufacturer Terex, including Powerscreen, EvoQuip, CBI and Ecotec. With distribution and after-sales support throughout Arizona and southern Nevada, the company will continue to trade under the Powerscreen Western brand whilst benefiting from the assistance of back-office support from the wider Molson Group.

Molson added that Powerscreen Western customers will benefit from increased availability of machines, parts, and personnel, thanks to the financial backing of the group.

Jason Powles, Molson Group COO, said, “Molson Group is a highly successful equipment dealer, working with some of the world’s leading equipment manufacturers. We know how to optimise the performance of dealer businesses, using our own tried and tested practices, including implementing the highly effective smartCMD technology suite.

“We have seen the positive impact our technology products can have through improved performance in our recent US acquisitions, and we expect to repeat this success in Powerscreen Western.

“This acquisition further develops our footprint in the US market, providing significant opportunity to replicate our UK model in the US and offer customers a broad range of market-leading products. We have already engaged with a number of OEMs, including Kobelco, Fuchs and Spaleck, which will be offered to our customers across our US locations. The implementation of our leading technology products, combined with additional products from our OEM partners, will provide significant growth opportunities for the business in the coming years.”

Powerscreen Western’s founder, Gerald McCarthy, added, “We felt a strong fit with the Molson team and their approach – a total commitment to customer service, a comprehensive product range, and a culture of looking after its people. This, combined with the huge benefits Molson brings with its operational capability, makes for an exciting new direction for the future of this business and our customers.”

Pat Brian, VP and MD of Terex Corporation, commented, “Molson Group is a valued Terex partner, both in the UK and more recently in the US. This third acquisition gives Molson Group significant presence in the US and further strengthens our relationship with the business. We are particularly excited for the benefits that this acquisition will bring both for our customers and our own business.”