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

  • High performance excavators from LiuGong
    January 6, 2017
    LiuGong is following up its introduction of its first E series excavator, the 922E, with a whole new range. The top-of-the-line model is the its 945E, which competes in the 45tonne class, features a 2.2m3 bucket and is powered by a Cummins diesel delivering 298kW. Also due are the 30tonne class 930E and 25tonne class 925E, which share similar features. The E-Series excavators are offered with the LiuGong Intelligent Power Control System (IPC), which provides more accurate matching and control over engine sp
    Read More
  • High performance excavators from LiuGong
    February 8, 2013
    LiuGong is following up its introduction of its first E series excavator, the 922E, with a whole new range. The top-of-the-line model is the its 945E, which competes in the 45tonne class, features a 2.2m3 bucket and is powered by a Cummins diesel delivering 298kW. Also due are the 30tonne class 930E and 25tonne class 925E, which share similar features. The E-Series excavators are offered with the LiuGong Intelligent Power Control System (IPC), which provides more accurate matching and control over engine sp
    Read More
  • Element Six promises up to 40 times the life of standard milling machine picks
    January 6, 2017
    Element Six, the synthetic diamond division of DeBeers, has developed a revised design for its D Power road picks, claiming greatly extended working life. The D Power road pick will use a polycrystalline diamond (PCD) tip with an improved head design that incorporates tungsten carbide to provide greater protection to the steel pick mount. The company claims that the D Power road pick can deliver up to 40 times the life of a standard carbide pick, providing reduced downtime, increased efficiency and a better
    Read More
  • Element Six promises up to 40 times the life of standard milling machine picks
    February 7, 2013
    Element Six, the synthetic diamond division of DeBeers, has developed a revised design for its D Power road picks, claiming greatly extended working life. The D Power road pick will use a polycrystalline diamond (PCD) tip with an improved head design that incorporates tungsten carbide to provide greater protection to the steel pick mount. The company claims that the D Power road pick can deliver up to 40 times the life of a standard carbide pick, providing reduced downtime, increased efficiency and a better
    Read More

Highlighted Content