Logo Panorama

ВНИМАНИЕ. Данный материал не предназначен лицам не достигнувшим совершеннолетия (18+).

Нажав на ПРОДОЛЖИТЬ Вы подтверждаете, что вам 18 лет и старше. Иначе нажмите ВЕРНУТЬСЯ

Warning - this item might contain content that is not suitable for all ages.

By clicking on CONTINUE you confirm that you are 18 years and over. Or else return back

10.12.2013

Volvo acquires Terex hauler business

. Photo source www.mainpump.com

Terex announced its intention to sell the production of rigid-frame off-highway articulated trucks to Volvo Construction Equipment for $160 million cash deal. The finalization of the deal is scheduled for the first half of the next year. For Volvo Construction Equipment the acquisition will improve its position in the light mining segment and heavy earthmoving segment, as well as the following markets: oil and gas, agricultural and road-building equipment.

Terex sells its truck manufacturing facility in Motherwell, Scotland, as well as the distribution network necessary for further business development. During a transitional period, the brand Terex will be retained.

image

Terex product range includes five rigid-frame trucks from the 31.8-ton TR35 to 91-ton TR100. As for the articulated truck, Terex line features three models from the 27.5 tons (TA250) to 41.9 tons (TA400).

According to Volvo, Terex hauler business had in the 2012 year the net sales of $370 million and operating profit of $33 million. During the first nine months of this year sales of trucks Terex totaled $172 million.



www.mainpump.com

Print

DAILY NEWS

Kyushu Seven Stars

Luxury sleeper cruise train Kyushu Seven Stars

Crane KS-8973


Industrial Espionage: Renault Trucks secretly created the Long Distance, Heavy Construction and Distribution Range...


The fastest personal jet Saker S-1


Transformers 4 reincarnated into 2013 Western Star 4900 SB



Corporate news

Fiat & Chrysler Logos

Chrysler becomes a wholly-owned subsidiary of Fiat

 

KAMAZ increased the production


Renault: rumors about the partnership with Mitsubishi are wrong


Honda returns to F1 in 2015


Skoda plans a new SUV-Yeti replacement



Articles Articles

Olaf Persson

Volvo + DongFeng = Nissan Motors?

 

All New Infiniti Etherea Compact Model Goes in Production


Chrysler continues global sales growth


Nihao, John Deere!


Bobcat sale could prove lucrative