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BREAKING NEWS

Mergers & Acquisitions

Deere exits wind energy

Construction & agricultural equipment manufacturer to sell 735 MW wind farm portfolio for US$ 900 million. ...more
Atlas Copco acquires Hartl to move into mobile crushing

Hartl Anlagenbau GmbH has been acquired by Atlas Copco Austria GmbH, providing the latter with an entry into the mobile crushing and screening sector ...more
Wolseley sells Brandon Hire to private equity for £43m

Wolseley is selling Brandon Hire, the UK tool hire company, to private investment company Rutland Partners for £43 million. The deal is expected to cl ...more
Cemex completes Kentucky divestments

Deal sees former Florida Rock Industries executives re-enter the aggregates & concrete business. ...more
Hertz enters Italy with power rentals acquisition

Hertz Equipment Rental Corporation (HERC) has acquired Rent One Italy, a power rental company based near Siena that rents equipment in the telecom and ...more
Volvo dealer Swecon acquires Baumaschinen Könicke

Volvo dealer Swecon has boosted its operations in Germany by acquiring Baumaschinen Könicke, the Volvo dealer in northern Germany. Swecon is Volvo’s d ...more
Acquisition of Atlas UK completed

Atlas Maschinen in Germany has completed its purchase of Terex Atlas UK and renamed the company Atlas Cranes UK Ltd ...more
B&G Crane Services acquisition completed

Private equity investment firm The Sterling Group has completed the acquisition of B&G Crane Services in the USA ...more
ACS to sell Abertis stake to CVC

Private equity company will pay € 1,72 billion for a 15,55% stake in the concession operator. ...more
Aecon to buy into oil sands extraction

Acquisition of mining contractor Cow Harbour expected to close by the end of August. ...more
Cramo signs agreement with Nordic Crane Group

Cramo’s Norwegian business has signed a five year cooperation agreement with Nordic Crane Group AS (NCG). NCG is one of the largest crane rental compa ...more
Chinese move from Powercrusher - Joint venture formed with Dunshi

Hartl Powercrusher has formed a joint venture company with Chinese cement company Dunshi ...more
All change for Genesis in Europe

Genesis Attachments LLC has taken over the Genesis Europe GmbH & Co KG Memmingen production site in Germany with effect from 1 July 2010, from where a ...more
Palfinger moves in marine sector

Austria-based Palfinger Group has acquired a 75% stake in Dutch company Ned-Deck Marine and is planning another acquisition in the sector ...more
Aecom acquires Tishman Construction

Aecom has acquired Tishman Construction for US$ 245 million. Tishman Construction provides construction management services in the US and UAE. ...more
ArcGen Hilta buys genset and lighting specialist SMC

UK equipment distributor and pump manufacturer ArcGen Hilta has acquired Sandhurst Manufacturing Ltd (SMC), the lighting tower and genset manufacturer ...more
Hertz buys $8m entertainment rental company

Hertz Equipment Rental Corp (HERC) has acquired Californian entertainment rental company 1st Call Studio Equipment from RoadSafe Traffic Systems. ...more
Loxam buys Belgium's Locamachine

Loxam has acquired Belgian rental company Locamachine for an undisclosed sum. The acquisition will add five locations and revenues of €5 million to Lo ...more
Bilfinger Berger postpones Australian IPO

Sale of Valemus delayed due to weak capital markets. ...more
Wolseley to sell Brandon Hire?

UK building materials group Wolseley is trying to sell Brandon Hire, its national tool hire business, according to a report in the Independent on Sund ...more
URS increases offer for Scott Wilson, CH2M Hill withdraws

URS is now prepared to pay US$ 333 million for the UK-based consultant engineer ...more
Bidding war over Scott Wilson

A new bid from CH2M Hill has trumped URS’ approved offer to acquire the UK consultant. URS has until 1 July to respond. ...more
Czech manufacturer NTC sells rental business to Ramirent

Czech Republic compaction and concreting equipment manufacturer NTC Stavební Tecnika spol sro (NTC) has sold its rental division to Ramirent for an un ...more
URS announces approved offer for Scott Wilson

Bidding war could ensue over UK-based consultant, as CH2M Hill considers a counter offer. ...more
Weldex goes to Dunedin

Private equity house Dunedin has invested in Weldex, the UK's largest crawler crane rental company ...more
ITT buys Godwin Pumps for $585m

ITT Corp is to buy Godwin Pumps for US$585 million. The acquisition will double the size of ITT’s dewatering business, which includes the Flygt and Gr ...more

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Picture of the Week

New York City Council approves controversial 67-storey, 363 m-high 15 Penn Plaza designed by Pelli Clarke Pelli for Vornado Realty Trust just two blocks from the city’s iconic Empire State Building by 47 votes to 1. Image: Pelli Clarke Pelli/Vornado Realty Trust

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Special Report: Wind Power
2010 global report on the wind power construction and lifting sector....more

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Comment

The acquisition strengthens Atlas Copco's position as market leader within surface rock excavation and handling, as well as within recycling and road construction

Andreas Malmberg, president Atlas Copco surface drilling equipment, on the acquisition of Hartl Anlagenbau

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