Terex Corporation completes acquisition of Environmental Solutions Group from Dover Corporation
Acquiring Company
Terex
Acquired Company
Environmental Solutions Group
Description
Terex Corporation has successfully completed the acquisition of Environmental Solutions Group (ESG) from Dover Corporation for a purchase price of $2.0 billion. The acquisition is expected to reduce cyclicality, deliver financial accretion, and enhance Terex's presence in the waste & recycling segment while expanding its North American addressable market. The transaction is anticipated to drive increased revenue growth, free cash flow, earnings before interest, taxes, depreciation, and amortization (EBITDA) margin, and EPS accretion.
Quick answer
Terex is acquiring Environmental Solutions Group, announced October 8, 2024. Terex is based in Norwalk, Connecticut, United States.
- How much did Terex pay for Environmental Solutions Group?
- The deal value was not disclosed.
- What does Terex do?
- Terex Corporation is a global manufacturer of materials processing machinery and aerial work platforms.
- Where are Terex and Environmental Solutions Group based?
- Terex is based in Norwalk, Connecticut, United States.
- Who are the decision-makers at Terex?
- Fundz holds 5 contacts at Terex. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Environmental Solutions Group?
Environmental Solutions Group was acquired by Terex, based in Norwalk. The deal was reported on October 8, 2024. Terex Corporation is a global manufacturer of materials processing machinery and aerial work platforms. Terex is publicly traded (TEX) and operates in Manufacturing.
When did Terex acquire Environmental Solutions Group?
Terex's acquisition of Environmental Solutions Group was reported on October 8, 2024. Terex Corporation has successfully completed the acquisition of Environmental Solutions Group (ESG) from Dover Corporation for a purchase price of $2.0 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Environmental Solutions Group do?
Environmental Solutions Group (ESG), formerly operated as a part of Dover Corporation, is a leading provider of refuse collection vehicles, waste compaction equipment, and associated parts and digital solutions. It is privately held, operating in Manufacturing.
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