PRINOTH announces the execution of an agreement to purchase 100% of the capital stock of Jarraff Industries Inc., a privately-owned American company that specializes in the design, manufacturing, and commercialization of high quality, specialized right-of-way maintenance, land clearing, and tree
Fecon LLC purchased the Vermeer forestry mulcher product line and through this arrangement has established a global distribution agreement with the company. This distribution agreement with Vermeer, which will be rolled out on a controlled basis throughout 2021, will provide
Doosan Infracore will become a subsidiary of the newly created Hyundai Genuine (HG) group alongside Hyundai Construction Equipment (HCE) as two independent construction equipment companies under HHIH. HG will act as the intermediary company of HHIH Group’s construction equipment businesses
CNH Industrial announces the execution of an agreement to purchase 90% of the capital stock of Sampierana S.p.A., a privately-owned Italian company that specializes in the development, manufacturing, and commercialization of earthmoving machines, undercarriages, and spare parts, and to obtain
Ritchie Bros. has entered into an agreement to acquire Euro Auctions, a leading heavy machinery auctioneer in EMEA (Europe, Middle East, and Africa). This acquisition, which is expected to close in the first quarter of 2022, will see the two
Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has agreed to acquire DandA Heavy Industries, a South Korean manufacturer of hydraulic breakers. DandA Heavy Industries, based in Seoul, South Korea, manufactures and sells hydraulic breakers
Kinshofer GmbH from Germany and the Italy-based company Cangini Benne Srl. have announced that they signed a definitive agreement to merge. Under the terms of the agreement, Kinshofer has acquired a majority shareholding of Cangini. For over 50 years, Kinshofer
Time Manufacturing Company (“Time”) has agreed to acquire Ruthmann, a manufacturer of aerial work platforms based in Germany. Time is a global designer, manufacturer, and distributor of aerial lifts primarily for the electric utility, telecommunications, infrastructure, and forestry sectors. Time goes
Odată cu relansarea brand-ului Demag, în 2016, la Bauma, Terex Cranes a făcut senzație în întreaga industrie. La acea vreme, compania promitea cu îndrăzneală extinderea continuă a mărcii istorice Demag cu produse și soluții inovatoare în anii următori – o
In line with Nokian Heavy Tyres growth strategy, the company is acquiring a Finnish heavy equipment wheel company Levypyörä Oy. With its two business lines, wheels and steel structures, Levypyörä serves several original equipment (OE) manufacturers and aftermarket customers (AM)
ASV Holdings, Inc., a leading provider of rubber-tracked compact track loaders (CTLs) and wheeled skid steer loaders (SSLs) in the compact construction equipment market, today announced that it has entered into a definitive merger agreement with an affiliate of Yanmar
Metso has signed an agreement to acquire McCloskey International, a Canadian mobile crushing and screening equipment manufacturer, to expand Metso’s offering in the aggregates industry globally and to strengthen the customer reach, especially to general contractor customers. The mobile aggregate
Terex Corporation announced that it has agreed to sell its Demag Mobile Cranes business to Tadano Ltd. for an enterprise value of approximately $215 million. The Demag Mobile Cranes business manufactures and sells all terrain cranes and large crawler cranes.
Hiab, part of Cargotec, and a global leader in on-road load handling, has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 million. This acquisition means a
Komatsu Ltd. has signed an agreement to acquire from Prenbec Equipment Inc., a company based in Quebec, Canada, the Quadco and Southstar forestry attachment operations, excluding the forestry equipment businesses of Tanguay and Forespro delimbers. The acquisition will be made
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