On-site construction equipment auctioneer Ritchie Bros takes over online competitor and signs major deal with Caterpillar
acquisition
Posted inMachinery
Camso acquires Belgian tyre press, wheel supplier
In a bid to bolster its service offering and wheel manufacturing capacity, Camso has acquired Eurowheel, a Belgium-based supplier of tyre presses and small runs of wheels
Posted inPMV
Terex boss welcomes end to Zoomlion takeover talks
The termination of Zoomlion’s potential purchase of Terex Corporation will bring several months of uncertainty to an end, according to Ken Lousberg, president of Terex Cranes
Posted inPMV
Chicago Pneumatic adds Titan products to portfolio
Chicago Pneumatic Tools has augmented its range with the addition of Titan Technologies’ industrial bolting products
Posted inPMV
AB Volvo buys 45% stake in Dongfeng for $885m
Volvo Group has completed the acquisition of 45% of Chinese automaker, Dongfeng Commercial Vehicles, with a purchase consideration amounting to $885mn (RMB 5.5bn)
Posted inMachinery
Zoomlion bids $340mn for a 60% stake in Chery
Manufacturer looks to make inroads in China’s agricultural sector
Posted inPMV
Volvo CE finalises Terex hauler branch acquisition
Volvo CE’s acquisition of Terex’s hauler business has been completed
Posted inPlant
Gorica relocates Krone plant from Denmark to UAE
Gorica buys Krone equipment to ramp up refrigeration unit production
Posted inPMV
LiuGong and Dressta combine Singapore offices
LiuGong joins up Asia Pacific operations following HSW acquisition
Posted inPMV
Saudi Prince becomes new owner of Raimondi Cranes
Ownership change will drive expansion of 150-year-old crane company