Divestiture • Machinery

Raimondi Cranes Acquires Terex - Tower and Rough Terrain Cranes Businesses

On September 2, 2025, Raimondi Cranes acquired machinery company Terex - Tower and Rough Terrain Cranes Businesses from Terex

Acquisition Context
  • This is Raimondi Cranes’ 1st transaction in the Machinery sector.
  • This is Raimondi Cranes’ 1st transaction in the United States.
  • This is Raimondi Cranes’ 1st transaction in Connecticut.

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M&A Deal Summary

Date September 2, 2025
Target Terex - Tower and Rough Terrain Cranes Businesses
Sector Machinery
Buyer(s) Raimondi Cranes
Sellers(s) Terex
Deal Type Divestiture

Target Company

Terex - Tower and Rough Terrain Cranes Businesses

Norwalk, Connecticut, United States
Terex's Tower and Rough Terrain Cranes Businesses include Terex Tower Cranes, Terex Rough Terrain Cranes, and the Terex North America Cranes service and support operations. Terex's Tower and Rough Terrain Cranes Businesses is based in Norwalk, Connecticut.
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Buyer Overview 1

Buyer

Raimondi Cranes

Milan, Italy

Category Company
Founded 1863
Sector Machinery
DESCRIPTION

Raimondi Cranes is a heritage manufacturer of scalable heavy lifting solutions, & next-generation cranes. Raimondi Cranes was founded in 1863 and is based in Milan, Italy.


Deal Context for Buyer #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: Connecticut 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

Seller Profile 1

SELLER

Terex

Norwalk, Connecticut, United States

Category Company
Founded 1933
Sector Machinery
Employees11,400
Revenue 5.1B USD (2024)
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 founded in 1933 and is based in Norwalk, Connecticut.


Deal Context for Seller #
Overall 9 of 9
Sector: Machinery 7 of 7
Type: Divestiture 8 of 8
State: Connecticut 4 of 4
Country: United States 8 of 8
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 Environmental Solutions Group

Chattanooga, Tennessee, United States

Environmental Solutions Group ("ESG") comprises brands such as Heil, Marathon, 3rd Eye, Soft-Pak, Parts Central, Currotto-Can, and Bayne Thinline to create a fully integrated equipment group serving the solid waste and recycling industry. Environmental Solutions Group is based in Environmental Solutions Group.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-30 REV

Brookfield, Wisconsin, United States

REV is a diversified manufacturer of specialty vehicles to North America, as well as export markets. REV operates in three industry segments, Commercial, Fire & Emergency, and Recreation Vehicles, and owns 27 vehicle brands. Within the Fire & Emergency segment, REV offers an extensive line of fire apparatus under the E-ONE and KME brand names. REV was founded in 2008 and is based in Brookfield, Wisconsin.

Buy $9.0B