Skip to main content

Fayat is buying parts of Terex Roadbuilding

The Fayat Group intends to buy a number of assets from CMI Terex from its road building operations. The purchase agreement covers acquisition of certain product lines in North America, and the road building operations of Terex in Brazil. This deal will be a significant breakthrough for Fayat’s road machinery subsidiary BOMAG as well as the mixing plant business unit operations Marini Ermont. “The addition of these product lines enhances the position of the Fayat Group as the only full liner in road buildi
February 11, 2013 Read time: 2 mins
The 2779 Fayat Group intends to buy a number of assets from CMI 1222 Terex from its road building operations. The purchase agreement covers acquisition of certain product lines in North America, and the road building operations of Terex in Brazil. This deal will be a significant breakthrough for Fayat’s road machinery subsidiary 172 Bomag as well as the mixing plant business unit operations 273 Marini 211 Ermont. “The addition of these product lines enhances the position of the Fayat Group as the only full liner in road building equipment, for long term success and significant growth potential in the industry. Moreover, it accelerates our footprint in emerging countries”, said Jean-Claude Fayat, executive managing director of the Fayat Group. This agreement includes the road building operations of Terex in Brazil which manufactures mainly asphalt plants and pavers at a site in Porto Alegre. It also includes the Cedarapids pavers and material transfer vehicles and CMI reclaimer/stabiliser product lines built at a plant in Oklahoma City, USA. This deal will boost the Fayat Group’s presence in the North American and South American road infrastructure markets and will allow the firm to capitalise on increasing demand for asphalt products, mixing plants and compaction equipment.

For more information on companies in this article

Related Content

  • Turkish manufacturers key to aggregates equipment
    February 13, 2012
    Turkish manufacturers are important trading partners in the worldwide aggregate production sector, Mike Woof reports
  • Zoomlion growing worldwide, particularly in lifting and concrete machine operations
    January 6, 2017
    Zoomlion is confident of future growth in its share of the world market for construction machines - Mike Woof writes
  • Developments in road stabilisation machines
    February 14, 2012
    Road stabilisers play an important role for road recycling, with new machines coming to market - Mike Woof writes The reclaimer/stabiliser is becoming a much more important machine in roadbuilding applications now that the construction market is increasing its use of road recycling. The reclaimer/stabiliser used to be a niche machine offered by specialist manufacturers such as CMI, which was a pioneer of the concept. However in recent years this type of machine has become an important construction tool,
  • Plant advances for asphalt production boost efficiency
    May 30, 2018
    Advances in asphalt plant technology will boost efficiency for producers, while increasing the percentage of recycled materials that can be used in the mix - Mike Woof writes. Asphalt plant technology continues to advance as the rival firms fine-tune their technologies for greater performance. New plants can give higher quality output due to new control technologies, while also allowing for recycled asphalt pavement (RAP) to be used more efficiently, while still ensuring tight mix specifications are met. A