M&A Deal Summary

Terex Acquires Continental Biomass Industries

On April 20, 2015, Terex acquired machinery company Continental Biomass Industries

Acquisition Highlights
  • This is Terex’s 13th transaction in the Machinery sector.
  • This is Terex’s 11th transaction in the United States.
  • This is Terex’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2015-04-20
Target Continental Biomass Industries
Sector Machinery
Buyer(s) Terex
Deal Type Add-on Acquisition

Target

Continental Biomass Industries

Newton, New Hampshire, United States
website
Continental Biomass Industries, Inc. is a custom and specialty wood processing equipment for the global market. CBI has designed and installed hundreds of purpose-built stationary and track driven machines and systems for customers all over the world.

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Buyer(S) 1

Buyer

Terex

Norwalk, Connecticut, United States

website


Category Company
Founded 1986
Sector Machinery
Employees8,200
Revenue 4.4B USD (2022)
DESCRIPTION
View of Terex's corporate headquarters in Westport, Connecticut.
View of Terex's corporate headquarters in Westport, Connecticut.

Terex is a diversified manufacturer operating in four business segments, Aerial Work Platforms, Construction, Cranes and Materials Processing. Terex was formed in 1925 and is based in Westport, Connecticut. Terex was founded in 1986 and is based in Norwalk, Connecticut.


DEAL STATS #
Overall 16 of 21
Sector (Machinery) 13 of 16
Type (Add-on Acquisition) 13 of 15
State (New Hampshire) 1 of 1
Country (United States) 11 of 13
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 Dueco

Waukesha, Wisconsin, United States

Dueco, Inc. is the distribution and service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Terex Corp - Material Handling & Port Solutions Business

Westport, Connecticut, United States

Terex Corp - Material Handling & Port Solutions Business is a supplier of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under several brands such as Gottwald.

Sell €1.1B