220 banner ad

Tag: Terex

Terex Completes Sale of Truck Business to Volvo for $160 Million

Terex Completes Sale of Truck Business to Volvo for $160 Million

| June 2, 2014

Terex Corporation (NYSE:TEX) has announced that it has completed the sale of its truck business to Volvo Construction Equipment for a purchase price of $160 million. The truck business manufactures and sells off-highway rigid and articulated haul trucks. Included in the transaction is the manufacturing facility in Motherwell, Scotland. Terex manufactures a broad range of […]

Read More

Terex to Sell Truck Business to Volvo for $160 Million

Terex to Sell Truck Business to Volvo for $160 Million

| December 9, 2013

Terex Corporation announced that it has agreed to sell its truck business to Volvo Construction Equipment for cash proceeds of approximately $160 million. The truck business manufactures and sells off-highway rigid and articulated haul trucks. Included in the transaction is the manufacturing facility in Motherwell, Scotland. The sale, which is subject to government regulatory approvals […]

Read More