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On October 8, 2024, Terex completed the acquisition of the Environmental Solutions Group (ESG) from Dover Corporation for $2 billion. [16] ESG is an integrated equipment manufacturer serving the solid waste and recycling industries.
In 2002, Genie Industries was acquired by Terex Corporation, a global manufacturer of construction and industrial equipment. [6] In the years following the sale, the Genie organization was transitioned over to the Terex Aerial Work Platforms (AWP) segment of Terex. All of the company's products are still sold and marketed under the Genie brand. [4]
Also in that year a group of investors purchased the business. The result was a new company called American Crane Corporation. In 1998 Terex acquired American Crane Corporation. [7] American Crane gradually built its market share after the 1998 acquisition with an estimated 70 crawler cranes purchased in 1999. [8] [9]
On Monday, Terex announced that it has entered into an agreement to sell its road-building operations in Brazil, as well as certain other mobile road-building product lines in the U.S., to French ...
Construction-equipment maker Terex (NYS: TEX) posted third-quarter results that exceeded analysts' expectations, on the back of growth in all its business segments. The company also raised its ...
Terex Announces Third Quarter 2012 Results WESTPORT, Conn.--(BUSINESS WIRE)-- Terex Corporation (NYS: TEX) today announced income from continuing operations of $30.2 million, or $0.27 per share ...
As of February 2024, the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($334.7 billion adjusted for inflation). AT&T appears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the ...
Terex observed some encouraging signs of rebounding demand for equipment, particularly within the company's aerial work platform and materials processing units. Despite some softness in demand for ...