M&A Deal Summary

Terex Acquires Steelweld Fabrications

On April 25, 2022, Terex acquired metals/mining company Steelweld Fabrications

Acquisition Highlights
  • This is Terex’s 1st transaction in the Metals/Mining sector.
  • This is Terex’s 1st transaction in Ireland.

M&A Deal Summary

Date 2022-04-25
Target Steelweld Fabrications
Sector Metals/Mining
Buyer(s) Terex
Deal Type Add-on Acquisition

Target

Steelweld Fabrications

Cookstown, Ireland
website
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.

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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 19 of 21
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 14 of 15
Country (Ireland) 1 of 1
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Viatec

Greenville, South Carolina, United States

Viatec is a manufacturer of plug-and-play electronic power take-off systems that support the electrification of utility fleets. Viatec has developed, patented, and commercialized technology that is becoming recognized as the next industry standard in the vocational vehicle sector for auxiliary power. Viatec was founded in 2015 and is based in Greenville, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 ProAll International Manufacturing

Olds, Alberta, Canada

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

Buy -