CNH Industrial To Acquire Full Control Distribution Network In Southern Africa

Faw Trucks Expands Popular 8.140FL Offering With The Addition Of An Automatic Transmission

.FL now available with a six-speed automatic gearbox Addition to transmission offering bolsters performance and fuel efficiency New model represents all the key attributes of the FAW Trucks brand FAW Trucks prides itself on paying attention to what its customers require. It is in response to a strong demand for a value-for-money automatic offering in the medium-weight segment of the commercial vehicle market that it is introducing the 8.140FL-AT. The 8.140FL-AT has a body and payload allowance of six tonnes making it the ideal partner for businesses and fleet owners who require a vehicle of smaller dimensions but with the same durability and r...

Latest Middle East Mega Projects from July and August 2021

BAHRAIN Project: Development of Residential Villas Value: USD 1500000000 Client: Marina Durrat Al Bahrain for Development Real Estate Co. W.L.L. Website: www.durrat-marina.com Durrat Marina a marina-based real estate project has signed an agreement with civil and building construction firm Tamcon for the development of 18 residential villas within its masterplan. The agreement will result in the development of a new residential zone with a total area of approximately 5600sqm. Each of the 18 villas sit on a plot of around 310sqm and offers waterfront and canal views. Development works are expected to be completed within 24 months from groundbre...

Sandvik To Acquire The Polish Round Tools Company Fanar

Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A. (Fanar) a manufacturer of round tools. The company will be reported in Seco a division within the business area Sandvik Manufacturing and Machining Solutions. “We continue to execute on our growth strategy and this acquisition is an additional step to strengthen our round tools offering” says Stefan Widing President and CEO of Sandvik. The acquisition enhances Seco’s product offering in taps and solid threading applications and improves the presence in Poland and the growing market for round tools. “I am very pleased that we have reached an agreement to a...