JCB gets compaction equipment company.
The company will be known as JCB Vibromax and will be managed as part of the JCB Group, with local management retained in Germany and in North America.
Products will be marketed as JCB Vibromax and will carry the JCB logo, and production will continue at the existing factory in Gatersleben near Leipzig.
The acquisition is expected to be completed in early September, subject to regulatory approvals.
Vibromax designs, manufactures and distributes compaction equipment, including a line of single-drum soil compactors, vibratory tandem rollers and trench rollers, as well as light equipment such as tampers and plate compactors.
JCB has been manufacturing construction equipment for more than 60 years. With a world headquarters in Staffordshire, England, the company has manufacturing facilities in the U.K., North and South America and India. It has also acquired land and permission to build a factory in China.
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|Title Annotation:||acquires Vibromax Compaction Equipment GmbH|
|Publication:||Construction & Demolition Recycling|
|Article Type:||Brief Article|
|Date:||Sep 1, 2005|
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