Manitou acquires TEPL from Terex Corp
31 March 2017
The Manitou group has acquired Terex Equipment Private (TEPL) based in Greater Noïda, India. This acquisition, from Terex Corporation, will be finalised during the first half of 2017.
Founded in 2003, TEPL specialises in the design, manufacturing and distribution of construction equipment, mainly backhoe loaders and skid steers.
It achieved…