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 (4×2; four wheels, two-wheel drive) for container transport from quay to container stackyard, and the FR 270 (4×4; 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."