Terex Port Solutions buys terminal tractor line from CVS Ferrari

5 May 2016

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Terex Port Solutions (TPS) has acquired the assets of the terminal tractor product line from CVS Ferrari (CVS), which has been part of Manitex International since 2010.

The acquisition reinforces TPS' position as a leader in integrated solutions for ports and terminals. The existing range of terminal tractor models will be further developed under the Terex brand, manufacturing the machines in Lentigione, Italy, which currently produces Terex empty and full container handlers in addition to heavy-load forklift trucks.

TPS will include the diesel-mechanical terminal tractors FYT 230 (4x2; four wheels, two-wheel drive) for container transport from quay to container stackyard, and the FR 270 (4x4; four-wheel drive) for RoRo operations, in its global offering. This will extend the markets served beyond the approach of CVS, which focused primarily on Europe and parts of Africa. According to Klaus Peter Hoffmann, vice president and managing director at Terex port solutions, "TPS plans to further develop the machines in a customer-driven manner, open up applications and offer demand-appropriate options and variants."

TPS will include the diesel-mechanical terminal tractors FYT 230 for container transport from quay to container stack yard.