Volvo CE unveils CX01 single-drum asphalt compactor concept at the Utility Expo

Designed for autonomous operation and multi-unit communication, the CX01 concept is already influencing future Volvo CE machine design.

As a part of its continuous pursuit of ground-breaking machine innovation, Volvo Construction Equipment unveiled its CX01 single-drum asphalt compactor concept at The Utility Expo in Continue reading “Volvo CE unveils CX01 single-drum asphalt compactor concept at the Utility Expo”

Atlas divests concrete, compact division

 Joe Malone22 December 2017 @KHL.com

Atlas Copco has announced it has agreed to divest its concrete and compaction business to Husqvarna Group’s Construction division. The purchase price has not been disclosed.

Atlas copco plate compactor
Atlas Copco’s LF75 plate compactor.

Atlas’ concrete and compaction business achieved revenues of around €57 million in 2016. Husqvarna Group will retain the division’s 200 members of staff, Atlas Copco has confirmed.

The company said that the Continue reading “Atlas divests concrete, compact division”

Deere complete acquisition of Wirtgen Group

John DeereDEERE Company (John Deere) have completed their €4.6 billion acquisition of the Wirtgen Group, the world’s leading manufacturer of road construction equipment.
Continue reading “Deere complete acquisition of Wirtgen Group”

Deere to acquire Wirtgen Group for €4.6 billion

US  machinery giant aiming to establish leadership position in road construction equipment

Deere to acquire Wirtgen Group for €4.6 billionDEERE & Company (John Deere), the Illinois-based agricultural equipment manufacturers, have signed a definitive agreement to acquire the Wirtgen Group for €4.357 billion in cash. Including debt and other considerations, the total enterprise value for the deal is €4.6 billion (US$5.2 billion). Continue reading “Deere to acquire Wirtgen Group for €4.6 billion”