Terex has sold its boom truck, truck crane and crossover product lines to Load King – a subsidiary of Custom Truck One Source.
The deal follows the sale of the Demag mobile cranes business unit to Tadano, as HLPFI reported here. John L. Garrison, Terex chairman and ceo, said that the company will remain in the rough-terrain and tower crane businesses.
“We will fulfil global demand for rough-terrain cranes from our Crespellano, Italy facility, and for tower cranes from our Fontanafredda, Italy facility,” he added.
