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Tag: Terex truck business
Roadbuilding
Terex to sell truck business to Volvo CE
Terex announced on Monday that it plans to sell its truck business to Volvo Construction Equipment for approximately $160 million. The transaction, which is expected to close in the first half of 2014, will provide Volvo with off-highway rigid and articulated haul trucks. Terex’s Motherwell, Scotland manufacturing facility is included in the transaction. Terex Chairman […]
December 10, 2013
Business
Terex sells truck business to Volvo Construction Equipment
Terex says it will sell its truck business—which includes off-highway articulated and rigid-frame trucks— to Volvo Construction Equipment in a $160 million cash deal. The deal, slated to be finalized in the first half of next year, immediately gives Volvo a rigid-haul product for the heavy earthmoving and light mining segment, targeting the booming oil […]
December 9, 2013
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