All Business & Finance Articles
Finning International has sold Hewden, its UK equipment rental business, for £110.2 million (€129.6 million) to an affiliate of Sun European Partners, the European adviser to Sun Capital Partners, the Florida based private equity company.
Brazilian scaffolding, shoring and equipment rental business Mills Estruturas e Servicos de Engenharia (Mills) has raised R$686 million (€300 million) in a flotation on the Sao Paolo Stock Exchange.
"Exceptionally severe winter" sees major decline in construction activity during Q1 2010 in Poland, with little sign of recovery
Lemminkäinen to acquire 90.1% majority interest in Risa Rock pending regulatory approval.
Aarsleff-BAM International JV wins TZS 136.3 billion (US$ 97 million) road construction contract in Tanzania.
Swiss rental company Condecta AG is to implement a new rental software system using Sycor Rental and Microsoft Dynamics AX systems.
Purchase of Cemex Australia boosts revenues, but restructuring charges in North America lead to a net loss.
The Romanian Rental Association (RRA) was formed on 27 April in Bucharest with 11 founding members. The founders are a mix of access, crane and lifting rental companies.
Sales for the first quarter of 2010 in Manitowoc's Crane segment were down 45.5% from a year earlier but the order backlog was up 7% from the previous quarter
World asphalt demand forecast to expand by +2.1% annually to 108 million tonnes in 2013, , according to new study by The Freedonia Group.
Strabag SE reported sales of € 12,5 billion in 2009, up +3% on the € 12,2 billion recorded 12 months ago.
Vinci has acquired Faceo from Apax partners in a move that is intended to grow Vinci's facilities management business.
JLG Industries’ sales to external customers rose by 1.5% to US$252.9 million for the second quarter of the Oshkosh Corp fiscal year. These figures exclude $737.2 million worth of inter-company sales related to JLG’s production of military vehicles for its parent company.
Latest figures from Eurostat show a -2,9% decline in construction output across the 27 European nations between January and February of this year.
Power and temperature rental company Energyst has won a three year contract to provide temporary power and cooling equipment at BASF plants at Antwerp, Belgium and Ludwigshafen, Germany.
Cemex reported 2010 first quarter sales of US$ 3 billion, down -10% on the same period last year.
Q1 2010 financial results from three of the largest US rental companies show continuing difficult market conditions but signs of improvement.
A Bilfinger Berger and Leighton Holdings consortium in Australia has won the € 160 million contract to upgrade a section of Brisbane’s Gateway motorway.
The Norte Energia consortium led by state-controlled Companhia Hidro Electrica do Sao Francisco has been awarded the BRL 20 billion (US$ 10.9 billion) concession contract for construction of the Belo Monte dam.