On November 21, 2013, the shareholders of Terex Material Handling & Port Solutions AG passed a resolution at a general meeting of the Company’s shareholders to transfer shares held by the remaining shareholders (minority shareholders) to Terex Industrial Holding AG as majority shareholder in return for cash compensation of EUR 60.48 for each no-par value bearer share of Terex Material Handling & Port Solutions AG.
About Terex Material Handling & Port Solutions
Through its Material Handling & Port Solutions business segment, Terex Corporation is one of the world’s leading suppliers of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under the Terex® and Terex® Gottwald brands. Terex Material Handling & Port Solutions manufactures in 16 countries on five continents and operates a sales and service network in more than 60 countries.
Related Stories
Link-Belt Cranes singled out in Kentucky Manufacturing Month
The Kentucky Association of Manufacturers has highlighted Link-Belt Cranes and its Lexington factory as part of its October…
Zoomlion opens Brisbane branch with all-terrain crane orders
Zoomlion has inaugurated a Brisbane branch, with first orders signed at the opening covering 120-tonne all-terrain cranes and…
Hiab renews ProCare lifecycle services for its crane fleets
Hiab's next-generation ProCare portfolio combines service agreements with remote diagnostics and AI-driven monitoring for loader cranes, rolling out…