Palfinger Plans to buy Norway's TTS Group
PALFINGER AG, a company listed on the Vienna Stock Exchange and headquartered in Bergheim/Salzburg, intends to make a takeover bid, via its subsidiary Palfinger Marine GmbH, Salzburg, for all of the shares in Norwegian Bergen-headquartered TTS Group ASA. For every share traded on the Oslo Stock Exchange, a cash amount of NOK 5.60 would be offered. Subject to a positive outcome of the due diligence audit…
Terex Port Solutions for Argentinian Power Plant
Terex Port Solutions (TPS) achieves another success in South America. The Argentinian power plant operator AES Argentina Generacion S.A. (AES) has ordered a Terex Gottwald Model 2 portal harbour crane in the G HSK 2224 variant from TPS. From the end of 2016, AES will use the cargo handling machine in its 1,540 MW power plant in San Nicolás de los Arroyos to unload coal imported from Colombia and South Africa.
Cargotec to Supply Equipment for OSVs
MacGregor, a part of Finnish cargo-handling equipment maker Cargotec, has won an order to supply equipment for vessels to be built for Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider, Cargotec said on Friday. The order includes delivering equipment for three ice-class vessels and a shallow water pipe laying barge by mid-November, and the gain will be booked into the second quarter results, the company said in a statement.
