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Tag: sale
Construction Equipment
Terex completes sale of Demag Mobile Crane business to Tadano
The $215 million sale of Terex Corp.’s Demag Mobile Crane business has been completed. The business was purchased by Tadano, a Japan-based global crane company. Terex said the deal is another step toward improving profitably and becoming more focused. The company also recently completed the sale of its boom truck, truck crane and crossover product […]
August 5, 2019
Construction Equipment
Universal Mfg. Co. sells assets of aerial platform manufacturer Man Lift
Universal Mfg. Co. has officially announced that the company has sold the assets of Man Lift. Learn more details of the announcement on Equipment World.
April 17, 2019
Roadbuilding
Terex, Volvo finalize $160 million truck business sale
Announced this past December, Terex’s sale of its off-highway rigid-frame and articulated trucks to Volvo Construction Equipment is now complete, the two companies announced today. The $160 million cash deal gives Volvo a rigid-frame haul product for the heavy construction and light mining segments, and targets the  oil and gas, aggregates production and road building […]
June 2, 2014
Construction Equipment
Otter Tail sells portion of DMI Industries
Otter Tail has entered into an agreement with Trinity Industries to sell the property, plant and equipment of DMI Industries in Ft. Erie, Ontario; West Fargo, North Dakota; and Tulsa, Oklahoma, for $20 million. The Ft.Erie transaction closed on September 6, and the West Fargo and Tulsa transactions will close in November and December, respectively. Terms of this […]
September 7, 2012
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Heil Trailer joins American Industrial Partners
Dover Corporation has sold Heil Trailer to American Industrial Partners. Concurrent with the transaction close, Heil Trailer has appointed Randall Swift as its CEO. Swift was previously CEO of Allied Specialty Vehicles. In addition, Bob Foster, who was president of Heil trailer for 15 years until his retirement in 2006, has re-joined the company as […]
January 6, 2012
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