Terex merges with REV Group, intends to sell Genie

Terex Corporation and REV Group will enter into a definitive merger agreement to merge in a stock and cash transaction to form a speciality equipment manufacturer. At the same time, Terex will initiate the process to exit its aerials segment, which includes the assessment of a potential sale. Terex's aerials segment, Genie, has positioned itself as a trusted name in material lifts and mobile elevating work platforms (MEWPs).

machineryasia machineryasia
Nov 7, 2025 - 14:05
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Terex merges with REV Group, intends to sell Genie
Terex Corporation and REV Group will enter into a definitive merger agreement to merge in a stock and cash transaction to form a speciality equipment manufacturer. At the same time, Terex will initiate the process to exit its aerials segment, which includes the assessment of a potential sale. Terex's aerials segment, Genie, has positioned itself as a trusted name in material lifts and mobile elevating work platforms (MEWPs).
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