List Your Equipment  /  Dealer Login  /  Create Account

Doosan Infracore Sells Montabert

The company said it will use the funds generated by the sales to focus on its core business areas.

Tue June 09, 2015 - National Edition
Construction Equipment Guide


Doosan Infracore announced on Friday June 5 that it had sold Montabert, its French construction and quarrying equipment manufacturer, to Joy Global Inc., a U.S.-based mining equipment manufacturer, for 110 million euros.

Based in Lyon, France, Montabert is the global leader in the production of hydraulic attachments including breakers (percussion hammers attached to excavators used to demolish rocks) and drifters (rock drills placed on top of the feeds), recording an annual turnover of KRW 111.8 billion in 2014.

Doosan Infracore said in its statement: “Doosan Infracore has sold Montabert as part of its effort to sell its non-core assets in Europe, and will use the funds generated by the sales to focus on its core business areas.”




Today's top stories

Crews Continue Important Highway Corridor Project After 10-Year Lull

HCEA Announces Antique Construction Equipment Show Dates

New First-of-Its-Kind Machine Works On Lake Restoration

IDOT's $1.5B Council Bluffs Interstate Project Is Ahead of Schedule

ConExpo-Con/AGG, IFPE Announce Inaugural Next Level Awards Program

Cat 350 Excavator Delivery Productivity, Enhanced Sustainability

McGeorge Contracting Works to Complete King Expressway/Hot Springs Bypass Extension

Kirby-Smith Machinery Names Sam Schneider as General Manager, Industrial Equipment


 






ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ VA