KHL Group - business-and-finance

Southern Industrial Constructors acquired

US contractor Southern Industrial Constructors has been acquired by EMCOR Group for an undisclosed sum ...more
Algeco Scotsman buys Brazil's Eurobras

Algeco Scotsman has acquired Eurobras Group, a Brazilian portable accommodation rental company, giving it an entry into one of the fastest growing ren ...more
Sany to acquire Putzmeister

Chinese manufacturer buys-out privately-owned Putzmeister in a deal that significantly boosts its presence in Europe ...more
Salini plays down takeover rumours

Italian construction group addresses press speculation on possible buyout of Impregilo. ...more
Canadian authorities request more information on United-RSC deal

United Rentals and RSC announced on Monday that the proposed acquisition deal had passed one antitrust deadline in the US but that Canadian competitio ...more

NES Rentals logs high customer loyalty

NES Rentals Holdings, one of the largest aerial equipment rental providers in the US, has announced that its 12-month Net Promoter Score average is at ...more
AFI-Uplift expands in Wakefield

UK powered access rental specialist AFI-Uplift has relocated its Wakefield depot to larger premises. ...more
High Level Platforms opens in Bristol

UK powered access rental company, High Level Platforms is opening a new branch in Bristol: the company already has branches in Poole, Dorset and South ...more
Euro Rent expands access

Since March of last year Belgian general rental company Euro Rent has increased its access fleet by adding €1.5 million worth of Layher scaffolding, g ...more
New dealers for Custom Equipment

Custom Equipment Inc. has announced Equipment Finders Inc. has been named a full service, authorized Hy-Brid Lifts aerial platform distributor for the ...more

Atlas Copco expects demand to weaken

Full-year 2011 revenues rise but equipment manufacturer warns of slowdown in 2012 ...more
Sandvik hit by higher costs

Fourth quarter results impacted by restructuring costs, currency impairments and weak demand for construction equipment ...more
Volvo CE annual sales rise

Strong momentum in North America and Asia, but fourth quarter earnings slip ...more
Heijmans warns of net loss for 2011

Dutch contractor hit by weak housing market and reorganisation costs ...more
Contractors cautious on 2012 prospects

Respondents to annual KPMG survey identify energy sector as having greatest short-term potential for construction market ...more

Palfinger results say access improving and export vital

Palfinger's revenue increased 30% in 2011 and profit (EBIT) was up 83%. Although no figures are broken out specifically for the Palfinger Platforms di ...more
Atlas Copco expects demand to weaken

Full-year 2011 revenues rise but equipment manufacturer warns of slowdown in 2012 ...more
Sandvik hit by higher costs

Fourth quarter results impacted by restructuring costs, currency impairments and weak demand for construction equipment ...more
Volvo CE annual sales rise

Strong momentum in North America and Asia, but fourth quarter earnings slip ...more
Crane sales up 40% at Manitowoc

Manitowoc's fourth quarter 2011 net sales in its crane segment were up nearly 40% to US$687.6 million from $491.4 million in the fourth quarter of 201 ...more

Battle for board continues at Oshkosh

Carl Icahn, the largest shareholder in Oshkosh Corp, has continued in his bid to get his six nominees elected to the Oshkosh board, with a detailed pr ...more
Tanfield could benefit from Smith's IPO

Smith Electric Vehicles US (27% owned by Tanfield) has filed an S-1 registration statement with US Securities and Exchange Commission with a view to a ...more
Snorkel gets cash injection from Smith Electric Vehicles share deal.

A private share issue at Smith Electric Vehicles has enabled it to pay Tanfield and allowed a $5.6 million cash injection at Snorkel. ...more
Salini builds 8% stake in Impregilo

Private Italian contractor says share acquisition is “strategic” and aimed at establishing “industrial collaboration” ...more
Share buy-back by Cargotec

Cargotec's board of directors has decided to repurchase the company's own shares. It folliows authorisation at the annual general meeting on 8 March 2 ...more

Easi Uplifts places "substantial" orders with JLG and Teupen

Easi UpLifts said it has started a “substantial capital investment programme for 2012” and has confirmed orders with JLG and Teupen. Most of the new m ...more
Fork Rent buys 600 JCB handlers

UK rental company Fork Rent has ordered 600 JCB loadall telescopic handlers as part of its 2012 expansion programme. ...more
TCA Lift sells first tracked platform to South Korea

TCA Lift has delivered the first Falcon tracked platform to South Korea and it is being used in maintenance work in the country's largest shopping mal ...more
Triple Morocco delivery for Terex

Terex Cranes' Morocco distributor Vemat has delivered three new Terex AC 40 Optimax all terrain cranes to three customers in Morocco ...more
Terex to launch micro excavators in deal with Italy's Sampierana

Terex Construction is launching three micro excavators in the 1 t, 1.5 t and 1.9 t sizes under a badging agreement with Italy’s Sampierana, which mark ...more

APR Energy’s Tokyo contract ends ahead of schedule

The Tokyo Electric Power Company (TEPCO) is to partially terminate its contract with APR Energy four months ahead of schedule following a change in it ...more
Skanska USA wins Indiana contract

Skanska USA has been awarded a US$ 120 million (€ 91 million) construction contract for maintenance and capital projects at a manufacturing facility i ...more
BHP Billiton signs up with Boom Logistics

Boom Logistics has secured a three year contract to supply cranes and associated services to BHP Billiton Iron Ore Operations in northwest Australia ...more
US$ 8.2 billion Saudi rail contract approved

Saudi-Spanish consortium Al Shoula wins phase two of Haramain high speed rail project ...more
Ramirent Sweden lands €7.9 million mining contract

Ramirent Sweden has been chosen by Boliden to supply rental equipment for the expansion of its Garpenberg mine. ...more