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

  • Intermat launch for Michelin crane tyre
    January 6, 2017
    Michelin’s X-Crane tyre for mobile cranes has evolved into the X-Crane+, offering lower rolling resistance, improved tyre life of up to 15% and greater durability before irregular wear characteristics can be detected, it is claimed. Available in the most popular 445/95 R25 size, the X-Crane+ offers an F speed rating and a 6,700 kg payload, and has been engineered to be easier to mount and dismount from its wheel rim.
    Read More
  • Intermat launch for Michelin crane tyre
    April 13, 2012
    Michelin’s X-Crane tyre for mobile cranes has evolved into the X-Crane+, offering lower rolling resistance, improved tyre life of up to 15% and greater durability before irregular wear characteristics can be detected, it is claimed. Available in the most popular 445/95 R25 size, the X-Crane+ offers an F speed rating and a 6,700 kg payload, and has been engineered to be easier to mount and dismount from its wheel rim.
    Read More
  • CTE holds dealer training at bauma
    April 19, 2013
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More
  • CTE holds dealer training at bauma
    January 6, 2017
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More

Highlighted Content