Loxam is on road to Rio

January 6, 2017
Paris-based construction and civils equipment rental firm Loxam has taken a 25% stake in Brazilian rental equipment business Degraus, one of the South American country’s top five rental outfits, with a strong presence in Sao Paulo and Rio de Janeiro.
Exhibitions

Related Content

  • Chile’s Chacao Bridge project - futuresecured
    July 19, 2018
    Chile’s landmark Chacao Bridge project now looks to be back on a sound footing, with completion expected in late 2022 or early 2023. This projects for the 2.6km-long bridge was to have been built jointly by Brazilian firm OAS and South Korean company Hyundai. However OAS hit financial difficulties and had to withdraw from the project. As a result, Hyundai will now buy the 49% stake OAS had in the project. As Hyundai already has a 51% stake in the bridge project, this will give the firm total ownership ove
    Read More
  • Beijing's BICES reflects China's economic growth
    February 27, 2012
    The busy BICES show reflects China’s booming infrastructure investment and growing economy – Mike Woof reports. The recent BICES trade show in capital Beijing was extremely busy, with high visitor attendance levels and crowded aisles. The interest in the event strongly reflects the country’s massive infrastructure growth, which continues to develop. The construction equipment business has been identified as a key economic priority by the Chinese Government, with manufacturers being offered numerous incentiv
    Read More
  • US$2.1 billion for two Brazil road projects
    July 1, 2024
    A US$2.1 billion funding package will help pay for two Brazilian road projects.
    Read More
  • Electronic toll systems in São Paulo, Brazil are target for investors
    October 8, 2013
    The electronic road toll payment market in São Paulo, Brazil, is said to have seen growth in recent months following the break of the state monopoly. The state's road toll payment regulatory body, Artesp, is close to approving Move Mais, which has attracted the interest of several groups seeking a partnership.
    Read More

Highlighted Content