Terex to bid for powerscreen? - farmers weekly
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24 May 1999 TEREX TO BID FOR POWERSCREEN? US heavy machinery maker Terex is rumoured to be putting together a bid for Powerscreen, the Northern Ireland engineering company. _The Times_
reports that Terex is poised to make an offer valuing Powerscreen at £170 million. The Northern Ireland company hit the news last year after it revealed problems with accounting practices at
Matbro, its British subsidiary. It has since turned itself around with a restructuring programme. The US group, which has operations in Britain, Ireland, Germany and France, has said that
it is keen to expand further in Europe.