Terex completes acquisition of Environmental Solutions Group

Terex Corporation has completed its acquisition of Environmental Solutions Group (ESG) from Dover Corporation.

The deal, valued at US$2.0 billion, or US$1.725 billion when adjusted for tax benefits, is expected to strengthen Terex’s position in the waste and recycling market.

The acquisition will see Terex deriving 67% of its total revenue from North America, an increase from 61% over the past 12 months,…

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