Latest news from Heavy Lift & Project Forwarding International Magazine

Terex ends Zoomlion talks

May 31 - Terex has confirmed that discussions with Zoomlion Heavy Industry Science and Technology regarding the potential purchase of the US headquartered manufacturer have been terminated.

The sale of Terex's material handling and port solutions (MHPS) business to Konecranes will now proceed as planned, subject to regulatory and shareholder approval.

HLPFI reported on May 17 that Terex had come to an agreement with Konecranes to terminate its original merger plans and instead sell its MHPS business to the Finnish company for USD1.3 billion.

In a statement, Terex said that the cessation of discussions with Zoomlion "brings several months of uncertainty to an end" for its customers, staff and shareholders.

"With this uncertainty behind us, the Terex team can focus our full efforts on serving our customers. The favourable impact of the MHPS sale will enhance our financial position, enabling us to invest in new products and services to serve you even better in the future," continued the statement.

Heavy Lift | News

ACE Belgium readies for launch thumbnail image

ACE Belgium readies for launch

April 25 - ACE Belgium Freighters is preparing to launch its scheduled and charter services out of Liège Airport after receiving its air operator’s certificate (AOC) from the Belgian Civil Aviation Authority.
Views: 196
Carrick joins ACS board thumbnail image

Carrick joins ACS board

April 25 - UK-headquartered charter specialist Air Charter Service (ACS) has named Richard Carrick as a non-executive director to its group board.
Views: 180
Scott-Macon adds with Tadano thumbnail image

Scott-Macon adds with Tadano

April 25 - USA-based Scott-Macon Equipment has purchased four Tadano Mantis telescopic boom crawler cranes.
Views: 156

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