Latest news from Heavy Lift & Project Forwarding International Magazine

US clears Konecranes-Terex deal

October 11 - Konecranes has received clearance from the committee on foreign investment in the USA for its pending acquisition of Terex's material handling and port solutions (MHPS) business.

With the conclusion of the committee on foreign investment's process and the previous antitrust clearance by the US Department of Justice, Konecranes has now received all the required regulatory approvals for the acquisition of Terex's MHPS business in the USA.

Completion of the deal remains subject to additional customary closing conditions, however.

Konecranes states that both parties continue to be fully committed to the acquisition and are working closely with competition authorities in the remaining jurisdictions to obtain regulatory approvals, allowing the deal to go ahead in early 2017 as planned.

www.konecranes.com

www.terex.com

Heavy Lift | News

Dsouza joins Virgin Atlantic  thumbnail image

Dsouza joins Virgin Atlantic 

May 20 - Virgin Atlantic Cargo has named Bosco Dsouza as its account manager in Melbourne as the airline looks to continue its expansion in Australia. 
Views: 3
Demag duo for Cosmo thumbnail image

Demag duo for Cosmo

May 20 - Australia’s Cosmo Cranes has added two Demag all-terrain cranes to its fleet.
Views: 22
Crowley realigns activities thumbnail image

Crowley realigns activities

May 17 - Crowley Maritime Corporation has realigned its shipping and solutions business units in a bid to enhance its focus on non-asset based customer solutions.
Views: 480

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.