Terex Announces Sale of German Compact Construction Equipment Business to Yanmar Holdings Co., Ltd.

WESTPORT, Conn.–(BUSINESS WIRE)–Terex Corporation (NYSE:TEX) announced that it has agreed to sell its German compact construction business to Yanmar Holdings Co., Ltd. for cash proceeds of approximately $60 million. The German compact construction business manufactures and sells midi/mini excavators, wheeled excavators and compact wheel loaders. Included in the transaction is the manufacturing facility located in Crailsheim, Germany and the parts distribution center located in Rothenburg, Ger





Source: BusinessWire-Construction

Terex Announces Sale of German Compact Construction Equipment Business to Yanmar Holdings Co., Ltd.