Atlas Buys Terex Heavy Wheel Loader Line
Atlas Maschinen GmbH has announced the purchase of all intellectual properties for the Terex TL160, TL210, TL260 and TL310 heavy wheel loaders. During the last quarter of this year, production will be moved from Terex Crailsheim to the Atlas factory in Ganderkesee, Germany.
Atlas will produce machines under the Terex brand and under the new brand Kaelble/Atlas. Wheel loaders under the brand name Kaelble/Atlas will incorporate the required improvements when EU Stage 4 emissions regulations take effect in 2014. The company said Terex distributors will continue their relationship with Terex unless other agreements are made.
"I am happy that Atlas Maschinen GmbH will finally enter this important market with known products and the well-known Kaelble brand,” said Fil Filipov, owner and chairman of Atlas Maschinen GmbH, who is also a former Terex executive. “Combining the Kaelble large loaders will give the distribution a respectable heavy wheel loader line.”