Skip to main content

Loxam is on road to Rio

April 24, 2015
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

  • VDMA optimistic for machine sales
    July 16, 2015
    The VDMA is the German equipment manufacturing association and says it is optimistic with regard to machine demand. The VDMA’s latest forecast for the construction equipment business segment in 2015 suggests market growth of 4%. According to the VDMA, the bauma 2016 construction equipment event in Munich in spring 2016 will also provide strong impetus for machine sales. German construction equipment manufacturers are more optimistic at the middle of the year than they were at the beginning – "even though u
  • Atkins sells stake in London’s M25 ring road
    December 14, 2016
    Infrastructure engineering firm WS Atkins sold its stake in London’s M25 orbital road to a consortium of institutional investors for nearly €79 million (£66.3 million). Atkins, a publicly listed UK company, sold to Edge Orbital Holdings 2 Limited and the deal for its minority stake is expected to be complete by March 2017, the end of the financial year, according to a statement by Atkins. In October, the Edge Orbital consortium picked up Skanska’s 40% stake in Connect Plus, which manages the M25. Skanska so
  • Volvo CE boosting excavator production
    June 11, 2025
    Volvo CE is boosting its excavator production
  • BNDES, BB and Caixa form investment fund to participate in Brazilian road tenders
    January 3, 2013
    The Brazilian Bank for Economic and Social Development (BNDES), Banco do Brasil (BB) and Caixa Economica Federal banks will form an investment fund to participate in future federal roadway tenders. The move, announced by the Brazilian government, aims to bring more companies into the bidding process by offering more diverse financial solutions. After a winner is declared, the concessionaire will decide whether or not the fund will participate in the concession. The fund may never have a share greater than 4