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Further to the completion of the acquisition of the marine and offshore businesses of TTS Group ASA (now Nekkar ASA) on 31 July 2019, Cargotec's MacGregor business area has concluded a settlement agreement with Nekkar after challenging the calculation...
BI plans strategic acquisitions, new products and services for 2021 The current economic situation might offer excellent opportunities for acquisitions within its field of operation, comments Bearings International (BI) Managing Director Bart Schoevaerts. This comes off the back of increased...
Yanmar Turkey Liaison Office, which started its activities in Izmir in 2016, and Yanmar Turkey Makine A.Ş, which was established in 2017 in Izmir, provide high-quality, reliable service to their customers with agricultural equipment, energy systems and through the...
Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division of the Weir Group PLC, a Scotland-based global engineering business. Source: Caterpillar Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow...
Liebherr-MCCtec Rostock GmbH together with Aibel AS has signed a contract for the delivery of a cylinder-luffing crane, type RL 2600-35 Lit. The company TenneT TSO GmbH commissioned Aibel AS to build the offshore platform DolWin epsilon on which...
Cooper Equipment Rentals Limited, the leading independent equipment rental company in Canada, announced that it has acquired the Atlantic Canada assets of Herc Rentals Inc. Herc is a premier, full-service equipment rental firm operating throughout North America. The Herc Atlantic...
Caterpillar Inc. announced they’ve acquired select assets and hired employees from San Francisco, Cal. based robot and autonomy technology solutions company Marble Robot, Inc. The acquisition is part of Caterpillar’s automation and autonomy strategy and demonstrates its commitment to the...
Hoffman Equipment marked one century in the lifting equipment industry at this year’s CONEXPO. The Piscataway, New Jersey-based family-run company celebrated the date expanding its fleet with new Manitowoc and Grove cranes purchased at the show. The new acquisitions...
CNH Industrial has announced the acquisition of Australian agricultural equipment manufacturer K-Line Ag in a move that enhances the global crop production portfolio of CNHI's agriculture brands Case IH and New Holland. Based in Cowra, NSW, K-Line Ag is a...
Metso, specialists in the supply of crushing, screening and materials handling equipment, has signed an agreement to acquire McCloskey International. “This acquisition augers well for both companies, which share a commitment to helping customers improve their operational efficiency, reduce risks...