Terex and Konecranes to merge

Chris Sleight

11 August 2015

Out-going Terex chairman and CEO Ron DeFeo.

The boards of US-based construction equipment manufacturer Terex and Finnish industrial cranes maker Konecranes have agreed to an all-share “merger of equals”. The new entity, to be called Konecranes Terex , will have revenues of some US$ 10 billion and earnings before interest,…

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