Prnewswire·2026-02-02 14:05Core Viewpoint - The merger between Terex Corporation and REV Group creates a leading specialty equipment manufacturer with a diversified portfolio and strong growth prospects [1][2]. Group 1: Merger Details - The merger is described as a defining moment for Terex, creating a large-scale leader in specialty equipment with a highly synergistic portfolio [2]. - The combined company is expected to unlock significant synergies totaling $75 million in run-rate value by 2028, with approximately 50% of these synergies to be realized within the next twelve months [2]. - REV stock has ceased trading and is no longer listed on the New York Stock Exchange, with the combined entity now trading as Terex Corporation [3]. Group 2: Company Profile - Terex Corporation is a global leader in specialized equipment solutions, serving essential sectors such as emergency services, waste and recycling, utilities, and construction [5]. - The company designs and manufactures advanced specialty vehicles, including fire, ambulance, and recreational vehicles, as well as waste collection vehicles and equipment for the electric utility industry [6]. - Terex has a strong manufacturing presence in the United States and operations across Europe, India, and Asia Pacific, combining global reach with local expertise [7].