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 by Blue River s.r.o, a consortium of four Czech private investors, led by a member of Tatra’s Board. The group paid Terex US$ 26.2 million in cash, as well as repaying US$ 31.6 million of debt owed to it by Tatra.