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Zeppelin Group has agreed to acquire Pon Equipment, Pon Rental, and Pon Power in Norway and the Netherlands from Pon Holdings. The deal adds about 2,000 employees and €1.1 billion in revenue, pending regulatory approval.
Van Oord, Caterpillar Inc., Pon Equipment and Pon Power signed a Memorandum of Understanding to collaborate on developing and operating zero exhaust-emission heavy-duty earthmoving equipment, including electric machines and mobile charging.