Terex sells German compact construction equipment business to Yanmar

Terex Corporation has agreed to sell its compact construction equipment business in Germany to Yanmar Holdings for approximately US$60 million. The transaction includes a manufacturing facility in Crailsheim and a parts distribution center in Rothenburg, Germany, and is targeted to close in the second half of 2016.

“Terex Corporation has agreed to sell its compact construction equipment business in Germany for approximately US$60m to Yanmar Holdings.”bdapartners.com

• 1 source
• bdapartners.comBDA advises Terex on sale of its UK compact construction equipment business to Groupe Mecalac - BDA PartnersEuan Rellie Co-Founder, Senior Managing Director BDA PartnersDec 20, 2016

Summarized from public sources; check the original articles before acting on it.