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Tag: Terex Material Handling & Port Solutions

Terex completes sale of MHPS business to Konecranes

Terex has announced that it has completed the sale of its Material Handling and Port Solutions Business to Finnish manufacturer Konecranes. Announced in May 2016, the sale finished at a price of $595 million plus €200 million in cash, and 19.6 million newly issued class B shares representing a 25-percent interest in Konecranes, Terex reports. Terex says […]

January 5, 2017

No Deal: Zoomlion withdraws acquisition offer following Terex MHPS sale to Konecranes

Less than two weeks after Terex walked away from a merger with Finnish equipment manufacturer Konecranes to further pursue acquisition talks with Chinese OEM Zoomlion, Zoomlion has withdrawn its offer. After announcing what appeared to a be done deal last fall with Konecranes, Terex officially walked away from the merger earlier this month after receiving an […]

May 31, 2016

Terex appoints new CFO among senior leadership changes

Terex has appointed several leadership positions, including a new senior vice president and Chief Financial Officer. Kevin Bradley, currently president of Terex Cranes since 2011, has been appointed senior vice president and chief financial officer effective immediately after the filing of the Company’s Annual Report on Form 10-K for 2012. Bradley will succeed Phil Widman, […]

January 15, 2013

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