The US-based multinational promises stability and further growth, and it says it will leverage the new assets and know-how into its own construction crane range.
On 11th August Terex Corporation confirmed its acquisition of Fantuzzi Group. Terex stated that the price consideration was €215M, and not €250M as we had reported on worldcargonews.com on 9 August. Terex reportedly beat off a bid from Konecranes in the final round. The sale process had elicited interest from 10 different parties, including three private equity funds and an “eleventh hour” Italian consortium based round Scerni in Genoa....
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