Shred-Tech Corp., a manufacturer of industrial shredding andʼ recycling solutions, has acquired CM Shredders, LLC via their parent company The Heico Companies. This strategic move is a significant step forward in enhancing Shred-Techʼs product portfolio, extending its global reach, and fortifying its North American manufacturing capabilities.
CM Shredders is a recognized leader in the tire recycling industry. Headquartered in Sarasota, Florida, CM has a history of innovation and a strong market presence.
The acquisition of CM Shredders aligns with Shred-Techʼs commitment to deliver cutting-edge solutions for solid waste reduction in the recycling industry. This strategic integration will bolster Shred-Techʼs product portfolio, offering customers a more comprehensive suite of primary, secondary, and tertiary size reduction and material destruction systems.
With the acquisition of CM Shredders, Shred-Tech is poised to expand its global footprint. CM Shreddersʼ established presence in tire recycling and key global markets like Asia and the Middle East will provide Shred-Tech with access to a broader customer base.
The combined strengths of Shred-Tech and CM Shredders in manufacturing will strengthen efficiency, scale, and agility, especially following the recent manufacturing capability expansion at the Shred-Tech Thailand facility. This synergy is expected to drive operational excellence, further positioning the merged entity as a leader in the industry.
The strategic acquisition enhances Shred-Techʼs competitiveness in the marketplace. By combining resources, engineering expertise, and manufacturing capabilities, the expanded entity is better positioned to meet the evolving needs of clients.