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Terex Corporation completes acquisition of Environmental Solutions Group to strengthen waste and recycling portfolio

Oct 30, 2024•about 1 year ago

Acquiring Company

Terex Corporation

Acquired Company

Environmental Solutions Group (ESG)

NorwalkManufacturingManufacturing

Description

Terex Corporation has announced the completion of the acquisition of Environmental Solutions Group, adding a non-cyclical, financially accretive, and market-leading business to its portfolio. This strategic move is aimed at leveraging synergies in the fast-growing waste and recycling end market, reinforcing Terex's commitment to sustainable, accelerated long-term growth.

Company Information

Company

Terex Corporation

Location

Norwalk, Connecticut, United States

About

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization and offer complementary digital solutions designed to help our customers maximize their return on investment.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed