Tatra sold

Premium Content

24 April 2008

Terex has sold its 80,5% interest in Tatra, a Czech-based on- and off-highway truck manufacturer. The shareholding has been bought for US$ 57,8 million (€ 46,2 million) by Blue River s.r.o, a consortium of four Czech private investors, lead by a member of Tatra's Board. Commenting on the disposal, Terex chairman & CEO, Ron DeFeo described Tatra as a “non-core business.

Product launch update: new tower cranes
New tower cranes launched into the North American market this year
Why rugged electronics are becoming mission-critical for off-road OEMs
Connectivity and digital controls are reshaping heavy equipment and manufacturers are finding performance depends as much on durable electronics as on the vehicles themselves
How less can be more: Rethinking cooling system design for modern heavy equipment
Smarter airflow, not bigger systems, is aiding engine efficiency and uptime