Heavy Machinery & Vehicles

Iseki & Co., Ltd. to acquire YB HOLDING

Iseki & Co., Ltd:To acquire 1,500,000 shares (100 pct stake) of YB HOLDING, which is holding a 100 pct stake in YVAN BEAL, the company's sale store in Europe.Acquisition price 31.97 euros.

2:00am EDT

Cervus Equipment provides update on timing of previously announced Peterbilt of Ontario Inc. acquisition

Cervus Equipment Corp:Expects the transaction whereby it will acquire the business and assets of Peterbilt of Ontario Inc. to close by the end of Aug. 2014.Under the terms of the Definitive Agreement, Cervus will acquire the business and assets of POI for about $25.5 mln, comprised of $20.0 mln in...

Monday, 21 Jul 2014 07:00am EDT

First Tractor to set up joint venture

First Tractor Co Ltd:To set up a joint venture in Luoyang, with its ZF Friedrichshafen AG's subsidiary, Shanghai-based investment company.The joint venture will be engaged in development, manufacturing and sale of agricultural machinery drive axle, with a registration capital of 283 mln yuan.The...

Friday, 18 Jul 2014 08:00pm EDT

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