Groupe Mecalac acquires Terex Construction UK subsidiary

Groupe Mecalac has signed an agreement with the 3652 Terex Corporation to acquire the Terex Construction UK subsidiary based in Coventry, England. The subsidiary is dedicated to manufacturing backhoe loaders, site dumpers and compaction rollers.

Specialists in the designing, manufacturing and distribution of construction equipment, especially used in urban construction sites, Groupe Mecalac says the acquisition, due to be completed in the first half of 2017, will allow it to broaden its offering with a complementary range of products, open up new geographical distribution areas and expand Group companies’ industrial know-how.

Henri Marchetta, CEO of Groupe Mecalac, said: “This acquisition follows our growth strategy, based on excellence, on the broadening of our range of equipment for urban construction sites, and on international distribution deployment. Our intent is to foster the sharing of expertise, the development of industrial and sales synergies, and to encourage cultural exchanges along with sharing our fundamental values among the teams.”