---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-107143"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2024-10-09T23:59:59+00:00"
generated_at: "2026-05-30T17:40:26.669508+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001104659-24-107143
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2024-10-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000110465924107143/0001104659-24-107143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000110465924107143/tm2425751d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-107143
- JSON: https://secwatch.observer/filing/0001104659-24-107143.json
- Plain text: https://secwatch.observer/filing/0001104659-24-107143.txt

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