Terex Completes Merger With REV Group
February 6, 2026
Terex Corporation has completed its merger with REV Group, combining complementary specialty-vehicle and equipment product lines to form a larger specialty equipment manufacturer. The combined company — which will trade on the NYSE as Terex Corporation — expects $75 million of run-rate synergies by 2028 and anticipates lower capital intensity and strong free cash flow.
- Buyers
- Terex Corporation
- Targets
- REV Group, Inc
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Terex Corporation Acquires Environmental Solutions Group from Dover Corporation
October 8, 2024
Manufacturing
Terex Corporation completed the all-cash $2.0 billion acquisition of Environmental Solutions Group (ESG) from Dover Corporation, enhancing Terex’s presence in the waste and recycling equipment market. The deal is expected to be EPS-accretive, deliver roughly $25 million of identified synergies by 2026, and broaden Terex's North American revenue exposure.
-
Cummins Completes Acquisition of Meritor
August 3, 2022
Automotive
Cummins Inc. has completed its acquisition of Meritor, Inc. for approximately $3.7 billion (including assumed debt and net of acquired cash). The deal strengthens Cummins' components and ePowertrain capabilities, accelerating development of electrified powertrain solutions and is expected to be immediately accretive with roughly $130 million of annual pre-tax run-rate synergies by year three.
-
Alliance RV Acquires Midwest Automotive Designs from Terex/REV Group
February 10, 2026
Automotive
Alliance RV, LLC has acquired Midwest Automotive Designs from Terex Corporation (previously part of REV Group). The transaction transfers the Elkhart-based luxury B‑van and motorhome conversion business to Alliance RV as the buyer expands into the motorized recreational-vehicle segment.
-
TerraVest Industries Acquires EnTrans International
March 17, 2025
Manufacturing
TerraVest Industries Inc. has acquired EnTrans International, a North American manufacturer of tank trailers and specialty transportation equipment, for US$546 million plus up to US$46 million in contingent earn-out. The acquisition adds manufacturing capacity and complementary product lines (Heil, Polar, Kalyn Siebert, Jarco) across the United States, Mexico and Thailand and is intended to expand TerraVest's capabilities, cross-selling opportunities and geographic diversification.
-
Tadano Ltd. Acquires Manitex International, Inc.
September 13, 2024
Manufacturing
Tadano Ltd. agreed to acquire all outstanding shares of Manitex International, Inc. in a reverse triangular merger for $5.80 per share, implying an equity value of $122 million and a total transaction value of $223 million (including debt). The deal, announced September 12, 2024 and closed in early January 2025, makes Manitex a wholly owned subsidiary of Tadano and expands Tadano’s product lineup in truck loader cranes and aerial work platforms.
-
TerraVest Industries Acquires Advance Engineered Products
April 2, 2024
Manufacturing
TerraVest Industries Inc. has entered into an agreement to acquire Advance Engineered Products, a Regina-based manufacturer and service provider in the tank trailer industry. The seller is Ironbridge Equity Partners (with management participation); financial terms were not disclosed. TerraVest said Advance is complementary to its existing tank trailer businesses and will expand its product and service offerings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.