Shred-Tech's parent company The Heico Companies has acquired CM Shredders. This move is a step forward in expanding Shred-Tech's product portfolio, extending its reach, and fortifying its North American manufacturing capabilities.
Headquartered in Sarasota, Florida, CM Shredders has a history of development and a strong market presence.
The acquisition of CM Shredders aligns with Shred-Tech's commitment to deliver solutions for solid waste reduction in the recycling industry. This integration will bolster Shred-Tech's product portfolio, offering a more comprehensive suite of primary, secondary, and tertiary size reduction and material destruction systems.
With the acquisition of CM Shredders, Shred-Tech is looking to expand its global footprint. CM Shredders' established presence in tire recycling and markets like Asia and the Middle East will provide Shred-Tech with access to a broader user base.
The combined strengths of Shred-Tech and CM Shredders in manufacturing will bolster efficiency, scale, and agility, especially following the recent manufacturing capability expansion at the Shred-Tech Thailand facility.
The acquisition helps increase Shred-Tech's competitiveness in the marketplace. Shred-Tech says that by combining resources, expertise, and manufacturing capabilities, the entity is positioned to meet the needs of clients and respond to industry challenges.
Company info
295 Pinebush Rd.
Cambridge, ON
CA, N1T 1B2
Website:
shred-tech.com
Phone number:
1-800-465-3214