Telematics Weekly

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Terex acquisition of Fantuzzi and Noell is back on

Fol­low­ing its 2008 announce­ment and ter­mi­na­tion of the acqui­si­tion of Fan­tuzzi and Noell, Terex has announced that the acqui­si­tion is again to go ahead. Terex Cor­po­ra­tion said it has agreed on a term sheet (sim­i­lar to a let­ter of intent) to acquire port crane and equip­ment man­u­fac­tur­ers Fan­tuzzi Indus­tries and Noell Crane for about €175 mil­lion (US$235 million).

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