Dungannon-headquartered engineering company CK International has formally completed the acquisition of Lyndex Recycling Systems in Telford, a business with more than a century of manufacturing heritage, with the combined entity rebranding as CK Lyndex. The deal expands the group's manufacturing capability, product range and market reach in the waste handling and recycling equipment sector.

As reported by The Irish News, Ulster Bank refinanced CK International and provided a mixture of debt and trade finance to fund the acquisition and support working capital as the enlarged business plans for expansion. CK International, founded 30 years ago, recorded sales of more than £13 million in the year to March 2025.

The combined business manufactures and supplies balers and compactors, providing waste handling and recycling solutions to customers across a wide range of industries globally. The acquisition has strengthened the group's product offering and enabled it to serve a broader customer base. The company is now recruiting for new roles to support continued growth.

Paul Conlon, chairman of CK Lyndex, said: "Bringing together the strengths of both companies has created a business that is significantly stronger than either could have been independently. The acquisition has unlocked opportunities that simply weren't available before, allowing us to expand our capabilities, enhance our product range, and better serve a much wider customer base. Ulster Bank has been a valued partner throughout this journey. The funding provided gave us the confidence and financial backing to complete the acquisition and support the working capital needs of the enlarged business. As a result, we're now in a strong position to continue growing, investing in the business and recruiting talented people to support the next chapter of our success."

Danny McGivern, senior relationship manager at Ulster Bank, said: "CK International had a clear vision for how the acquisition of Lyndex Recycling Systems would strengthen the business and create new opportunities for growth, and we were pleased to support that ambition. The successful integration of the two companies demonstrates what can be achieved with the right strategic investment. It's particularly encouraging to see the business now entering another phase of growth, creating new employment opportunities and building on Northern Ireland's, and Dungannon's, long-standing reputation for engineering and manufacturing."