Is Terex still in business?
Terex is now completely out of the earthmoving business. According to a report from The Construction Index, the company has agreed to sell its UK-based operation where it manufactures backhoes, site dumpers and compact compaction rollers, to Mecalac, a French manufacturer of compact loaders and excavators.
What brand is Terex?
Terex Australia Pty Ltd is a foreign owned, private company that derives its revenue from designing, manufacturing, distributing and retailing lifting, quarrying and mining capital equipment. The company employs approximately 290 staff, and is administered from its head office in Castlereagh Street, NSW.
What company bought Terex?
Yanmar Holdings Co., Ltd. concluded a final agreement with Terex Corporation (NYSE:TEX) of the United States (hereinafter referred to as "Terex") on June 20 (U.S. Eastern Time) to acquire Terex's European compact construction equipment business for approximately US$60 million.