Terex closes $2.0B acquisition of Dover's Environmental Solutions Group; provides pro forma financials

TEREX CORP

Acquired Dover's Environmental Solutions Group for $2.0B cash on Oct 8, 2024; financed via $750M 6.250% Notes due 2032, $1.25B term loan, and cash.
Pro forma combined revenue of $3.1B for H1 2024 (vs Terex standalone $2.7B) and $5.9B for FY2023 (vs $5.2B).
Pro forma net income H1 2024: $232.2M ($3.46 diluted EPS) vs Terex $249.2M ($3.68); FY2023: $417.4M ($6.18) vs $518.0M ($7.58).
Preliminary purchase price allocation: $1.08B intangible assets, $828.6M goodwill, $85.2M PP&E step-up.
ESG designs refuse collection vehicles, waste compaction equipment; brands include Heil, Marathon.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.