SOKKIA has appointed HKL Baumaschinen in Germany to distribute its construction portfolio through its countrywide coverage. HKL, a large rental and sales organisation in Germany, is renting more than 30,000 construction machines. It "fits perfectly as an additional channel besides the existing Topcon and Sokkia distribution channels in Germany," said Frank Grunder, European sales manager
In the first quarter of 2015, sales of construction equipment in the Italian market reached 1,605 units, a rise of 19% year on year.
Sales of earthmoving machines were up 16% to 1,556 units and road machine sales jumped nearly 400% to 49 units.
Paolo Venturi, president of Unacea, the Italian Construction Equipment Association, said the first quarter figures look promising and continue an upward trend that started last year. But there is still a long way to go because there has been an 80% loss of sales in
In Australia, UBS Infrastructure Fund, Access Capital and Queensland Motorways are reported as heading the bidders' shortlist for the Clem Jones Tunnel of RiverCity. RiverCity's receiver KordaMentha and sell-side adviser Goldman Sachs have ushered through several shortlisted bidders through to the second round. The Clem Jones Tunnel was secured against RiverCity's debt pile of US$1.37 billion (AUD 1.50bn). It is thought that the road may be sold for around $550.3 million (AUD 600mn). Clem Jones Tunnel is sa
