Equipment
Better Roads
Big Iron Dealer
Business
Technology
Workforce
Mergers & Acquisitions
Mergers & Acquisitions
Acquisition complete, Joy Global is now Komatsu Mining Corp.
Komatsu today announced that it has completed its acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Citing a belief that the mining industry will see a long-term rebound driven by increased demand for larger equipment in surface mining and further development of underground mining, Komatsu first announced the $3.7 billion deal in July 2016. Though […]
April 5, 2017
Business
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
Business
Komatsu, Joy Global CEOs talk merger at MINExpo meeting
In an already busy week for Komatsu at the MINExpo show in Las Vegas that included the unveiling of a fully-autonomous haul truck and even a wedding, the company found time to also tout its pending acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. On the show floor, Komatsu president and CEO […]
September 29, 2016
Big Iron Dealer
Ritchie Bros. to acquire online equipment auctioneer IronPlanet for $758.5 million
Announced late Monday evening, the auction giant Ritchie Bros. is acquiring internet-based auction company IronPlanet for approximately $758.5 million. The deal is Ritchie Bros. second acquisition this month following an August 2 announcement that the company would buy New England-based Petrowsky Auctioneers for $7 million. IronPlanet burst onto the heavy equipment auction scene in 1999 […]
August 29, 2016
Big Iron Dealer
Yanmar acquires Terex’s compact construction equipment business
Terex announced today that it has agreed to sell its German compact construction business to Yanmar. The deal is for $60 million cash and is expected to close in the second half of this year. Terex’s compact construction business makes and sells midi/mini excavators, wheeled excavators and compact wheel loaders. As part of the deal, […]
June 21, 2016
Don’t Miss Out
Get the business tips, industry insights and trending news every contractor needs to know in the
Equipment World
newsletter.
Sign Up
Business
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
Page 1 of 1
Top Stories
Better Roads
Concrete Paver Market Heats Up as Contractors Turn to Roadbuilding
As certain segments of the construction industry have slowed due to the pandemic, many contractors are diversifying into a particularly specialized market. Here's what you need to know.
Attachments
Break, Grab and Crush: 10 Attachments Designed to Demolish
Compact equipment
Video: Bobcat Loader Expert Explains Why S62 Skid Steer, T62 CTL Are "The Total Package" | The Dirt #21
Excavators
Beefed-Up Cat 374 Designed With Twice the Durability and Top-of-the-Line Tech
Excavators
There’s Good News and Bad News for Sales of New and Used Financed Excavators
Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $15 million and exemplify the highest standards of construction professionals.
White Papers
2021 Fleet Technology Trend Report
The latest Fleet Trends Report shows that fleets continued to leverage technology to build resilience and improve their business performance.