Terex completes $2.0B acquisition of Dover's Environmental Solutions Group

TEREX CORP

Purchase price $2.0B cash; net $1.725B after ~$275M expected tax benefits.
Deal valued at ~8.4x 2024E EBITDA including run-rate synergies; expected double-digit % adjusted EPS accretive in 2025.
Identified ~$25M of cost and revenue synergies targeted by end of 2026; adds 140 bps to EBITDA margin.
Funded with $750M 6.250% senior notes due 2032, new $1.25B term loan, and cash; revolver upsized to $800M.
ESG holds #1 North American position in refuse collection vehicles and waste compaction; Terex North America revenue share rises to 67%.

item 1.01 item 2.01 item 2.03 item 7.01 item 9.01

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.