Fayat Group to acquire Terex Roadbuilding assets

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 building
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.

Stand: F10.1008/1

%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal www.Fayat.com www.Fayat.com false http://www.fayat.com/ false false%>

 

%$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 11560 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/bauma-2013/video/ true false%>

For more information on companies in this article

Related Content

  • Rapid International to highlight mixer and mobile batch plant
    March 27, 2013
    Among Rapid International’s will be the Rapid RP375 planetary mixer, which is said to be popular with both the precast and ready-mix industries. The Rapid RP375 mixer's planetary mixing action produces a homogenous mix ensuring high quality concrete every time, says the company, which will also offer information on the new Rapid Transbatch, the latest model from its mobile batching plant range.
    Read More
  • AGS demonstrates the power of its new 3D application for the ID4 anti-collision crane safety management system
    January 6, 2017
    Crane and site safety management specialist AGS, which also makes and supplies elevated obstruction lighting , anemometers and anti-collision systems, will use Bauma to demonstrate its new 3D application for the ID4 anti-collision crane management system. AGS has more than 5,000 systems in use on construction sites around the world and it has a long-term strategic partnership agreement with Bouygues Construction. The group will also announce the setting up of three new subsidiaries in Rhône-Alpes, Île-de-Fr
    Read More
  • AGS demonstrates the power of its new 3D application for the ID4 anti-collision crane safety management system
    March 27, 2013
    Crane and site safety management specialist AGS, which also makes and supplies elevated obstruction lighting , anemometers and anti-collision systems, will use Bauma to demonstrate its new 3D application for the ID4 anti-collision crane management system. AGS has more than 5,000 systems in use on construction sites around the world and it has a long-term strategic partnership agreement with Bouygues Construction. The group will also announce the setting up of three new subsidiaries in Rhône-Alpes, Île-de-Fr
    Read More
  • Lintec showcases redesigned CSD 1500 plant at bauma
    February 12, 2013
    Especially redesigned to allow hot and cold recycling, Lintec will be showcasing its new CSD 1500 asphalt mixing plant at bauma. With a capacity of 120 tonnes/hour, the new CSD 1500 enables the integration of a hot storage silo with a 50tonne capacity. Similar to all Lintec’s CSD line plants, the aggregates enter the screen drum through the front wall.
    Read More

Highlighted Content