Powerscreen adds distributor in New Zealand

The United Kingdom-based Powerscreen business unit of Terex Corp. says Stevens Group is its new authorized distributor for New Zealand. Powerscreen, which provides mobile crushing, screening and conveying equipment, says Stevens Group has become its distributor via its acquisition of former distributor Lincom NZ from the Lincom Group.

That transaction has provided Stevens Group with the acquisition of all machines and parts stock, as well as the sales rights to the brands, including Powerscreen, that were represented by Lincom NZ.

Stevens Group is described by Powerscreen as a third-generation family-owned business founded in 1974 that imports, distributes and makes machinery for customers in New Zealand.

“We are pleased to welcome Stevens Group to the Powerscreen family and look forward to a successful partnership,” says Joe Cassidy, international sales director at Powerscreen. “I would also like to take this opportunity to acknowledge the Lincom team for their contribution to the Powerscreen brand in New Zealand over the last 15 years.”

Remarks Lincom Group CEO Stephen Watterson, “The acquisition of Lincom NZ by the Stevens Group strengthens their market offering and will position them as the market leader for crushing, screening and materials handling equipment in New Zealand. Both companies share a common vision, and the Stevens Group have some great growth plans in their business. This acquisition is part of their platform to expand into other developed markets.”

“The purchase of the Lincom NZ business fits perfectly with our aspirations to grow our already successful machinery and equipment business into the quarry, mining, and recycling sectors,” says Stevens Group General Manager Ken Johnston. “The two businesses share many synergies. Key to us is that we only represent world-class brands and have the right people with the right knowledge to best serve the customers. The purchase of Lincom NZ achieves both of these.”