Core Viewpoint - Terex Corporation (TEX) has entered into a definitive agreement to sell its Terex Tower and Rough Terrain Cranes businesses to Raimondi Cranes SpA, aligning with its strategy to reduce cyclicality and enhance core business growth [1][7]. Group 1: Details of the Deal - The transaction includes the sale of Terex's Italian facilities, specifically the Terex Tower Cranes facility in Fontanafredda and the Terex Rough Terrain Cranes facility in Crespellano, along with the Terex North America Cranes service and support operation in Wilmington, NC [2][3]. - Franna pick and carry cranes are excluded from the agreement, and Terex will continue their production at its facilities in Eagle Farm, Brisbane, and Hosur, India [2]. Group 2: Strategic Implications - The deal is expected to create synergies for Raimondi Cranes by integrating Terex's Tower and Rough Terrain cranes, thereby expanding their range of solutions [3]. - Terex aims to align its production and cost structure across its segments in response to customer demand, while managing costs and working capital effectively [4]. Group 3: Financial Performance - In Q2 2025, Terex reported adjusted earnings of $1.49 per share, a 31% decline year-over-year, but above the Zacks Consensus Estimate of $1.44 [5]. - Revenues for the quarter reached $1.487 billion, reflecting a 7.6% increase from the previous year and surpassing the Zacks Consensus Estimate of $1.455 billion [5]. - Terex projects revenues between $5.3 billion and $5.5 billion for 2025, with earnings per share expected to be between $4.70 and $5.10 [5]. Group 4: Stock Performance - Over the past year, Terex's shares have decreased by 2.5%, contrasting with a 24.7% decline in the industry [6].