Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, has announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes
Volvo Construction Equipment and the Ammann Group have reached an agreement whereby the Ammann Group will acquire Volvo CE’s global ABG Paver Business including ABG in Hameln, Germany. The agreement will benefit both companies by strengthening the product portfolio and
Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire STANLEY Infrastructure, a global manufacturer of excavator attachments and handheld hydraulic tools, from Stanley Black & Decker, Inc. The strategic acquisition will
Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023,
Proterra Inc. and Proterra Operating Company Inc. are in a voluntary Chapter 11 bankruptcy process in the US. Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business
Hamburg-based intralogistics pioneer Jungheinrich is fully taking over Magazino, a Munich-based robotics specialist. In addition to its shareholding, which has existed since 2020 and was increased to 21.7 percent in 2022, Jungheinrich is acquiring all shares held by the founders
Metso has signed an agreement to acquire Ab A. Häggblom Oy, a privately owned Finnish engineering and manufacturing company. The company’s key offering includes mining truck bodies and buckets. Häggblom’s service portfolio includes wear parts, truck body and bucket refurbishments,
Following last year’s announcement, Trelleborg Wheel Systems is pleased to announce the acquisition by The Yokohama Rubber Co., Ltd. has been successfully completed for 2,074 million euro. From this day forward, the company will officially be part of The Yokohama
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunneling, and special civil engineering equipment headquartered in Gelsenkirchen, Germany. Founded in the 1960s and currently part of the
Oshkosh Corporation, a leading innovator of mission-critical vehicles and essential equipment, announced it has entered into a definitive agreement to acquire Hinowa S.p.A., a privately held international company and leading manufacturer of track-based aerial work platforms, mini dumpers, lift trucks
K-Tec Earthmovers and Ashland Industries, market leaders in pull-pan scraper earthmoving products, announced the acquisition of Metalcraft of GA, Inc. today. Metalcraft is a heavy equipment manufacturer that is committed to providing innovative and quality products at a competitive price.
Kinshofer GmbH from Germany and the Italy-based company Trevi Benne S.p.A. announced that they have signed a definitive agreement to merge. Under the terms of the agreement, Kinshofer has acquired a majority shareholding of Trevi Benne. For over 50 years,
In February 2022, Kuhn Holding, a Komatsu distributor based in Salzburg, Austria, took over the Romanian company Marcom RMC’94. Marcom was founded in 1992 and is located in Otopeni, near Bucharest. It currently employs 70 people and generated a turnover
PRINOTH announces the execution of an agreement to purchase 100% of the capital stock of Jarraff Industries Inc., a privately-owned American company that specializes in the design, manufacturing, and commercialization of high quality, specialized right-of-way maintenance, land clearing, and tree
Fecon LLC purchased the Vermeer forestry mulcher product line and through this arrangement has established a global distribution agreement with the company. This distribution agreement with Vermeer, which will be rolled out on a controlled basis throughout 2021, will provide
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