McCloskey International acquires Lippmann – Milwaukee Inc.
First publishedon www.AggBusiness.com
McCloskey International, a leading global crushing and screening equipment manufacturer, has acquired Lippmann-Milwaukee Inc., a privately-held international manufacturer of aggregates crushing equipment for the quarrying, mining and recycling industries.
Established in 1923, Milwaukee, Wisconsin, USA-headquartered Lippmann-Milwaukee Inc. (Lippmann) has become synonymous with highly productive, durable and reliable heavy duty jaw crushers. McCloskey International’s complementary product offerings, including portable and mobile crushers, will allow market expansion for both companies, serving a broader base of customers worldwide. With its globe-spanning dealer network, McCloskey International offers a powerful distribution channel for the Lippmann product line.
“Lippman’s reputation for quality is legendary,” said Paschal McCloskey, president and CEO of McCloskey International. “We are excited at the opportunity to leverage the best practices of both companies while aligning the organisation and operation for a customer driven model. Our success in the market has been built on quality products, along with dedicated employees. Looking at the similar values and culture between McCloskey and Lippmann, it’s an excellent fit.”
Headquarters for Lippmann will remain in Milwaukee, Wisconsin, USA and McCloskey International will continue to be headquartered in Keene, Ontario, Canada.