---
schema_version: "secwatch.filing_event.v1"
accession: "0000097216-24-000127"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:44:26.413396+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Terex to acquire Dover's ESG for $2B ($1.725B net of tax benefits)

## Summary
- Purchase price $2B all-cash; net $1.725B after $275M present value of expected tax benefits.
- Transaction valued at ~8.4x 2024E EBITDA including run-rate synergies.
- Expected to close H2 2024, subject to regulatory approvals and customary conditions.
- Double-digit adjusted EPS accretion expected in 2025; ~$25M cost and revenue synergies by 2026.
- Committed financing from UBS ($1.545B); pro forma net leverage ~2.2x in 2024.

## SEC filing metadata
- accession: 0000097216-24-000127
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000009721624000127/0000097216-24-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000009721624000127/tex-20240721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097216-24-000127
- JSON: https://secwatch.observer/filing/0000097216-24-000127.json
- Plain text: https://secwatch.observer/filing/0000097216-24-000127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
