Events and Exhibitions

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.

Sönke Jordt buys ATF 180G-5
Tadano has sold its 16th ATF 180G-5 to rental firm Sönke Jordt, based in Ratekau, Germany.

Fassi continues sector expansion strategy with forestry acquisition
Fassi Gru has bought shares in Swedish forestry crane company Cranab AB.Fassi will become one of the main shareholders of Cranab, which manufactures timber cranes. The Cranab group of companies has around 200 employees and a turnover of SEK350m (approximately €40m).

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.