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
Kinshofer GmbH from Germany has acquired 100% of New Zealand based Doherty Group. For over 45 years, Kinshofer has been a leading manufacturer of attachments for truck mounted cranes, excavators, and skid steer loaders, consistently developing its product range in
In a move that will strengthen its sales and service network in Italy, Deutz AG has acquired its long-standing Italian dealer IML Motori, based in Lomagna near Milan. The subsidiary IML Service and the Romanian sales and service company IML
Hiab, part of Cargotec, has entered into an agreement to acquire the loader crane business of one of Brazil’s leading loader crane manufacturers Argos Guindastes Indústria e Comércio Ltda. The acquisition is expected to take place during the third quarter
Deere & Company has signed a definitive agreement to acquire the Wirtgen Group, a privately-held international company that is the leading manufacturer worldwide of road construction equipment. The purchase price for the equity is EUR 4.357 billion in an all-cash
Komatsu America Corp., a subsidiary of Komatsu Ltd. has completed its acquisition of Joy Global Inc., a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global Inc. will be renamed Komatsu Mining Corp. and operate
Global mining technology leader MineWare today (April 03.2017) announced it has become part of the Komatsu group of companies as part of a plan to accelerate the implementation of advanced mine management technology and the development of autonomous systems. MineWare
Faymonville, the manufacturer of semi-trailers for the special haulage industry has reached an agreement to acquire 100% of the shares of Industrie COMETTO S.p.A. based in the North of Italy. With this strategic decision, Faymonville set the milestone to expand
At the end of 2016 Socage acquired the Italian company Manotti SpA situated in Boretto (Reggio Emilia). The historic company in Sorbara (Modena), a leader in the aerial platforms field, decided to make its group grow and to reinforce more
Konecranes has completed the acquisition of Terex Corporation’s MHPS (Material Handling & Port Solutions) business. The acquisition of MHPS will improve Konecranes’ position as a focused global leader in the industrial lifting and port solutions market. Konecranes will achieve substantial
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