Terex acquires CVS terminal tractors

The acquisition strengthens TPS’ position as a leader in integrated solutions for ports and terminals. The existing range of terminal tractor models will be further developed and marketed under the Terex brand. The machines will be manufactured at the Terex site in Lentigione, Italy, which currently manufactures Terex empty and full container handlers in addition to heavy-load forklift trucks. CVS will fulfill current supply contracts with its existing customers. At the same time, TPS is taking all necessary measures to quickly integrate the new products in its sales, R&D, production and service activities.

TPS will include the diesel-mechanical terminal tractors FYT 230 (4×2; 4 wheels, 2-wheel drive) for container transport from quay to container stackyard, and the FR 270 (4×4; 4-wheel drive) for RoRo operations, in its global offering.