Volvo Construction Equipment has agreed to acquire the off-highway hauler business of the Terex Corp. for about $160 million on a cash and debt-free basis. The deal includes related assets and intellectual property. Subject to customary regulatory approvals, the transaction includes Terex’s main production facility in Motherwell, Scotland, and two product ranges that offer both rigid and articulated haulers. The purchase also includes the distribution of haulers in the United States ...
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