# Volvo CE to acquire Terex Equipment Ltd and hauler business

Volvo Construction Equipment will acquire Terex Equipment Ltd, including its manufacturing facility in Motherwell, Scotland, and its rigid and articulated hauler product ranges. The sale is subject to UK government approvals and expected to close in H1 2014.

- Type: Acquisition
- Announced: 2020-03-19
- Where: Motherwell, Scotland, United Kingdom
- Jobs: 500
- Status: announced
- Products: rigid haulers, articulated haulers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Terex Corporation](https://endata.com/companies/15079.md) (partner)
- [Volvo Construction Equipment](https://endata.com/companies/15315.md) (acquirer)
- [Terex Equipment Private Limited](https://endata.com/companies/23181.md) (target)

## Sources

- [quarrymagazine.com](https://www.quarrymagazine.com/volvo-ce-takes-on-terex-trucks/), 2020-03-19: "Volvo Construction Equipment (Volvo CE) will acquire hauler manufacturer Terex Equipment Ltd (TEL) including related assets and intellectual property."

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