Terex to Acquire Environmental Solutions Group (ESG) from Dover Corporation, Establishing Leading Presence in Waste and Recycling Market
Acquiring Company
Terex
Acquired Company
Environmental Solutions Group (ESG)
NorwalkManufacturingManufacturingDescription
Terex Corporation announced the signing of a definitive agreement to acquire Environmental Solutions Group (ESG) from Dover Corporation in a $2.0 billion all-cash transaction, and adjusting for the present value of expected tax benefits, the purchase price is $1.725 billion. The acquisition aims to establish a leading presence in the waste and recycling market, deliver financial accretion, unlock cost and revenue synergies, and enhance Terex's presence in the waste & recycling segment.
Quick answer
Terex is acquiring Environmental Solutions Group (ESG), announced July 22, 2024. Terex is based in Norwalk, Connecticut, United States.
- How much did Terex pay for Environmental Solutions Group (ESG)?
- 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 (ESG) 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 (ESG)?
Environmental Solutions Group (ESG) was acquired by Terex, based in Norwalk. The deal was reported on July 22, 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 (ESG)?
Terex's acquisition of Environmental Solutions Group (ESG) was reported on July 22, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Environmental Solutions Group (ESG) do?
Environmental Solutions Group (ESG) is a leader in the design and manufacturing of refuse collection vehicles, waste compaction equipment, and associated parts and digital solutions. It is privately held, operating in Manufacturing.
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