Tatra sold

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.