DAS Otomotiv expands in Central Asia
Terex Cranes authorised dealer DAS Otomotiv has been awarded further territory in Central Asia the US manufacturer, being awarded a distribution agreement in Azerbaijan, Kazakhstan and Turkmenistan.
Palfinger family cement bonds with Palfinger AG
The Palfinger family have cemented their links with the listed company, Palfinger AG, in which they hold a majority stake. Two members of the family will be joining the listed company's board, and another family-owned private business has been acquired by Palfinger AG, broadening its exposure to the marine segment.
Terex sells truck business to Volvo for $160m
Terex Corporation has agreed to sell its truck business to Volvo Construction Equipment for cash proceeds of approximately $160 million. Terex’s truck business manufactures and sells off-highway rigid and articulated haul trucks.