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TEREX AND REV GROUP COMPLETE MERGER, CREATING A PREMIER SPECIALTY EQUIPMENT MANUFACTURER
Prnewswire· 2026-02-02 14:05
Core 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].
Terex Announces Fourth Quarter and Year-End 2025 Financial Results Conference Call
Prnewswire· 2026-01-28 12:00
Core Viewpoint - Terex Corporation will host a conference call to discuss its fourth quarter and year-end 2025 financial results on February 11, 2026, at 8:30 a.m. Eastern Time, led by CEO Simon Meester and CFO Jennifer Kong-Picarello [1]. Group 1: Financial Results Announcement - The financial results will be available on the company's investor relations website prior to the call on February 11, 2026 [2]. - Participants are encouraged to join the webcast 15 minutes early, and a replay will be accessible afterward on the same website [2]. Group 2: Company Overview - Terex Corporation is a global manufacturer of industrial equipment, focusing on materials processing machinery, waste and recycling solutions, and mobile elevating work platforms [3]. - The company designs and supports products used across various sectors, including maintenance, manufacturing, energy, and construction, while also providing lifecycle support and digital solutions to enhance customer investment returns [3]. - Terex offers environmentally friendly products, including electric and hybrid options, and supports renewable energy initiatives and waste recovery [3]. - The company's manufacturing facilities are located in North America, Europe, and Asia Pacific, with products sold globally [3].