Konecranes merges with Terex to form new company

crane-NellieBuir-sxchuFinland-based equipment manufacturer Konecranes has merged with USA’s Terex to create a global lifting and materials handling solutions company called Konecranes Terex Plc

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Saudi Arabia’s construction equipment rental market to grow

crane-dougzwick-flickrThe construction equipment rental market in Saudi Arabia is forecast to grow at a CAGR of 12 per cent from 2014 to 2020, mainly driven by rising costs in the construction sector

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Atlas Rental acquires Maroc Elevation

atlasrental-marocMorocco’s construction equiment company Atlas Rental and a subsidiary of Stokvis and Loxam Groups have acquired Maroc Elevation

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New Volvo G Series wheel loaders tailored to ME

New Volvo G Series wheel loaders tailored to MEVolvo Construction Equipment has unveiled a new series of wheel loaders tailored to the Middle East market

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Castolin Eutectic expands presence in Saudi Arabia

CastolinEutecticThrough a new Saudi Arabian subsidiary, Castolin Eutectic will expand its presence in the country’s growing OilTec business and cater to the drilling demands put forth by local oil manufacturers

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