The German company Kaelble from Backnang was a manufacturer of construction machinery, engines and commercial vehicles and was best known for its tractors for road rollers, dump trucks and bulldozers.
Terex Corporation is a global manufacturer of lifting technology, access equipment and material handling equipment headquartered in Westport Connecticut USA.
Following transaction team facilitated the transaction for our client.
About the sector
Germany is the world's third largest producer of machinery. Mechanical and plant engineering is thus considered the leading export and innovation sector. The industry, which is strongly characterised by small and medium-sized enterprises, manufactures complex products for the entire economy and utilises technologically sophisticated preliminary products.