M&A Deal Summary

Terex Acquires ProAll International Manufacturing

On August 1, 2022, Terex acquired manufacturer ProAll International Manufacturing

Acquisition Highlights
  • This is Terex’s 2nd transaction in the Manufacturing sector.
  • This is Terex’s 1st transaction in Canada.
  • This is Terex’s 1st transaction in Alberta.

M&A Deal Summary

Date 2022-08-01
Target ProAll International Manufacturing
Sector Manufacturing
Buyer(s) Terex
Deal Type Add-on Acquisition

Target

ProAll International Manufacturing

Olds, Alberta, Canada
website
ProAll International Manufacturing is a specialist producer of mobile volumetric concrete mixers. ProAll International Manufacturing is based in Olds, Alberta.

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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 20 of 21
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 15 of 15
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-25 Steelweld Fabrications

Cookstown, Ireland

Steelweld Fabrications offers complete engineering solutions including laser & plasma cutting, folding, fabrication, and finishing. Steelweld Fabrications was founded in 1983 and is based in Cookstown, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Apptronik

Austin, Texas, United States

Apptronik is a robotics company that has built a platform to deliver a variety of general-purpose robots. The company strives to introduce the next generation of robots that will change the way people live and work, while tackling some of its world's largest challenges. Apptronik was formed in 2016 and is based in Austin, Texas.

Buy -