# Terex agrees to acquire Fantuzzi and Noell port equipment businesses

Terex agreed to acquire the port equipment businesses of Fantuzzi and Noell for about 175 million euros, after resolving a previous dispute.

- Type: Acquisition
- Announced: 2018-07-31
- Value: $203.0M (175.0M EUR)
- Status: announced
- Products: port equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md) (acquirer)
- [Fantuzzi](https://endata.com/companies/33409.md) (target)
- [Noell](https://endata.com/companies/33410.md) (target)

## Sources

- [insidewaste.com.au](https://www.insidewaste.com.au/terex-to-take-on-fantuzzi-noell-port-equipment-businesses/), 2018-07-31: "We will begin to work with Fantuzzi’s team members, suppliers, distributors, customers and other stakeholders to aggressively restructure and position these businesses for the eventual recovery in their markets."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.