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Construction equipment deal value registers strong growth

October 7, 2011

The value of construction equipment deals made in the month of August 2011 skyrocketed to $1805 million from $87 million recorded in July 2011.

The increase was mainly driven by the acquisition of Telvent GIT by Schnieder Electric. Amongst other segments, the deals struck in the month of August decreased significantly, most notably in the products and materials segment, where the percentage of deals dropped from 42% to 33%.

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Posted by wmi on 7:22 AM | Comments (0)