Raimondi Cranes, Italian heritage manufacturer of intelligently designed heavy lifting solutions, has entered into a definitive agreement to acquire key lifting businesses from US-based Terex Corporation. Operating under the umbrella of Arada Industries, which is owned by Arada Group, Raimondi
Iveco Group, a European leader in commercial vehicles and mobility, and Tata Motors Limited, a global automotive leader, announce that they have reached an agreement to create a commercial vehicles group with the reach, product portfolio and industrial capability to
Tadano Ltd. today announced the successful completion of its acquisition of the transportation system business of IHI Transport Machinery Co., Ltd., a consolidated subsidiary of IHI Corporation. This acquisition marks a strategic milestone in Tadano’s ongoing effort to expand its
Grupurile Fayat și Mecalac au semnat un acord ce vizează achiziția Mecalac, specializat în producerea de utilaje compacte pentru mediul urban, de către Grupul Fayat. Tranzacția este supusă aprobării de către autoritățile de concurență relevante și se estimează că se
Tadano entered into a definitive merger agreement with Manitex. In terms of the balance among the three main segments of Tadano group’s business portfolio (Mobile Cranes, Truck Loader Cranes, and Aerial Work Platforms), the acquisition of Manitex is expected to
JOST Werke SE, a leading global producer and supplier of safety-critical systems for commercial vehicles, today signed a sale and purchase agreement with Unitas Capital Pte. Ltd. and NWS Holdings Limited, to purchase all shares in Hyva III B.V., including
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, has announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes
Volvo Construction Equipment and the Ammann Group have reached an agreement whereby the Ammann Group will acquire Volvo CE’s global ABG Paver Business including ABG in Hameln, Germany. The agreement will benefit both companies by strengthening the product portfolio and
Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire STANLEY Infrastructure, a global manufacturer of excavator attachments and handheld hydraulic tools, from Stanley Black & Decker, Inc. The strategic acquisition will
Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023,
Proterra Inc. and Proterra Operating Company Inc. are in a voluntary Chapter 11 bankruptcy process in the US. Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business
Hamburg-based intralogistics pioneer Jungheinrich is fully taking over Magazino, a Munich-based robotics specialist. In addition to its shareholding, which has existed since 2020 and was increased to 21.7 percent in 2022, Jungheinrich is acquiring all shares held by the founders
Metso has signed an agreement to acquire Ab A. Häggblom Oy, a privately owned Finnish engineering and manufacturing company. The company’s key offering includes mining truck bodies and buckets. Häggblom’s service portfolio includes wear parts, truck body and bucket refurbishments,
Following last year’s announcement, Trelleborg Wheel Systems is pleased to announce the acquisition by The Yokohama Rubber Co., Ltd. has been successfully completed for 2,074 million euro. From this day forward, the company will officially be part of The Yokohama
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunneling, and special civil engineering equipment headquartered in Gelsenkirchen, Germany. Founded in the 1960s and currently part of the
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