Tatra sold

25 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 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.

Latest News
CSCEC-built spiral tunnel officially recognised as world’s longest
A spiral tunnel in China, built by Chinese construction giant China State Construction (CSCEC), has been recognised as the world’s longest
Consortium wins €302m deal to build Swiss railway plant
A consortium led by Swiss construction company CSC Costruzioni has won a contract worth €302 million (US$327 million) to build a new railway plant in Switzerland
Epiroc to acquire French attachments manufacturer
Swedish OEM continues massive attachments expansion following Stanley acquisition