According to a report from Technavio, the size of the global handling and lifting equipment market is poised to grow by $12.21 billion between 2020 and 2024, progressing at a CAGR of almost 3% during the forecast period. read more
AUG 26, 2020 - 7:29 am
Reuters reported that Zoomlion, a Chinese manufacturer of construction equipment, will walk away from its $3.4 billion bid for Terex after the companies failed to agree on terms. read more
MAY 27, 2016 - 7:46 am
Terex and Konecraes agreed to terminate their previously announced business combination agreement. Terex also agreed to sell its material handling business to Konecranes for roughly $1.3 billion. read more
MAY 18, 2016 - 7:56 am
Terex received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all of the outstanding shares of Terex for $31.00 per share in cash. read more
MAR 24, 2016 - 6:22 am
The Wall Street Journal reported that Chinese state-run construction equipment producer Zoomlion increased its offer to buy Terex to $31 a share or $3.37 billion. read more
MAR 16, 2016 - 7:34 am
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