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BOMAG to acquire some assets, roadbuilding operations from Terex
Posted By Tina Grady Barbaccia On February 12, 2013 @ 12:51 pm In Economics,News & Analysis | No Comments
BOMAG (FAYAT Group) plans to acquire specific product lines and assets from Terex as well as Terex Roadbuilding operations of Latin America (ex-Cifali), according to a company announcement made public on Feb. 11.
This is a significant breakthrough for BOMAG as well as the mixing plant business unit subsidiaries MARINI-ERMONT, according to BOMAG.
This announcement will not affect the Terex Bid-Well Roller Paver or Terex Front Discharge Mixer Truck product lines, according to an e-mail from a Terex Roadbuilding employee.
For comments from Jean-Claude Fayat, Fayat Group executive managing director and the investor relations press release, go to http://www.terex.com/en/investor-relations/index.htm.
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